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Interest on the national debt is eating a record 19% of federal revenue — and watchdog warns it will get worse

The 30-year Treasury yield just hit its highest point since before the Great Recession. A leading fiscal watchdog warns the timing could not be worse.

By Nick LichtenbergMay 27, 2026
Frustrated man in work meeting
Real estate billionaire was called the ‘worst analyst’ at Goldman Sachs—now he says the criticism was the best thing that ever happened to him
By Emma BurleighMay 27, 2026
Top CD rates from major banks May 27, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on May 27, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 27, 2026
Exclusive: Airwallex launches billing product as $8 billion fintech continues to compete with rival Stripe
Exclusive: Airwallex launches billing product as $8 billion fintech continues to compete with rival Stripe
By Ben WeissMay 27, 2026
j
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
By Nick LichtenbergMay 27, 2026
Robinhood launches agentic trading, announces credit card for AI agents with 3% cash back
Robinhood launches agentic trading, announces credit card for AI agents with 3% cash back
By Jeff John RobertsMay 27, 2026
Latest Stories
Man in a dark jacket
Big TechSalesforce turbocharges $25 billion stock buying spree with debt, cuts cash flow guidance in half
By Amanda GerutMay 27, 2026
American Economist Robert Solow
EconomyEmployees using AI are working faster, but the economy isn’t more efficient. A look at what happened in the pre-Internet era might explain why
By Tristan BoveMay 27, 2026
man giving child keys to home
EconomyA study finds escaping your income bracket no longer means building wealth. That disconnect may be what’s driving consumer pessimism to record highs
By Jake AngeloMay 27, 2026
The U.K.’s top spy says the window to stay ahead of China and Russia is narrowing and cybersecurity needs to become ‘10 times more urgent’
CybersecurityThe U.K.’s top spy says the window to stay ahead of China and Russia is narrowing and cybersecurity needs to become ‘10 times more urgent’
By Marco Quiroz-GutierrezMay 27, 2026
Sanofi is building its own AI ecosystem to give the French pharma giant an edge
NewslettersSanofi is building its own AI ecosystem to give the French pharma giant an edge
By John KellMay 27, 2026
Nvidia CEO Jensen Huang
EconomyEven if every California billionaire left tomorrow, it would take 25 years for the state to lose as much as it stands to gain from proposed wealth tax
By Tristan BoveMay 27, 2026
‘PTO-maxxing’ is the summer hack turning 15 vacation days into 49 days off
Success‘PTO-maxxing’ is the summer hack turning 15 vacation days into 49 days off
By Sydney LakeMay 27, 2026
The unlikely origin of a $2.5 billion hospitality unicorn: a bored teenager working the night shift at his family business
Workplace CultureThe unlikely origin of a $2.5 billion hospitality unicorn: a bored teenager working the night shift at his family business
By Catherina GioinoMay 27, 2026
More BankingPage 24 of 52
man in black blazer and black t-shirt speaks
CryptoWhy Strategy bought another $2 billion in Bitcoin despite a slumping crypto market
By Carlos GarciaJanuary 22, 2026
  • Exterior view of a large building.
    RetailFortune Archives: How Saks made luxury for the masses
    By Indrani SenJanuary 18, 2026
Personal loan APRs on Jan. 22, 2026
Personal FinancePersonal loan APRs on Jan. 22, 2026
By Glen Luke FlanaganJanuary 22, 2026
The best high-yield savings account rates on Jan. 22, 2026: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Jan. 22, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 22, 2026
Ken Griffin, chief executive officer of Citadel Advisors LLC, at Bloomberg House during the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 21, 2026.
EconomyKen Griffin says America was sent an ‘explicit warning’ from the bond market, and it’s time to get the national debt in order
By Eleanor PringleJanuary 22, 2026
lisa cook
BankingBrett Kavanaugh says letting Trump fire Lisa Cook ‘would weaken, if not shatter, the independence of the Federal Reserve’
By Mark Sherman and The Associated PressJanuary 21, 2026
Coinbase launches expert board to assess quantum computing threat to crypto
CryptoCoinbase launches expert board to assess quantum computing threat to crypto
By Jeff John RobertsJanuary 21, 2026
  • vian
    CommentaryI oversee a lab where engineers try to destroy my life’s work. It’s the only way to prepare for quantum threats
    By Bernard VianJanuary 18, 2026
Why Coinbase split with Andreessen Horowitz and the crypto industry on a key bill—and what’s next for the Clarity Act
CryptoWhy Coinbase split with Andreessen Horowitz and the crypto industry on a key bill—and what’s next for the Clarity Act
By Leo SchwartzJanuary 21, 2026
nathan's
BankingNathan’s Famous goes from 5-cent hot dog stand in Coney Island to $450 million acquisition by Smithfield Foods over 100 years later
By Matt Ott and The Associated PressJanuary 21, 2026
Photo: President Trump
Economy7 ways Europe could hurt the U.S. economically if Trump doesn’t back down over Greenland
By Jim EdwardsJanuary 21, 2026
Jamie Dimon, chief executive officer of JPMorgan Chase
EconomyJamie Dimon says he’d have no issue paying higher taxes if it actually went to people who need it. Right now it just goes to the Washington ‘swamp’
By Eleanor PringleJanuary 21, 2026
Jamie Dimon, chief executive officer of JPMorgan Chase & Co
PoliticsJamie Dimon tells Davos: ‘You didn’t do a particularly good job making the world a better place’
By Eleanor PringleJanuary 21, 2026
  • It may come down to Trump using political pressure to force banks to cap interest rates on credit cards
    BankingIt may come down to Trump using political pressure to force banks to cap interest rates on credit cards
    By Ken Sweet and The Associated PressJanuary 17, 2026
Personal loan APRs on Jan. 21, 2026
Personal FinancePersonal loan APRs on Jan. 21, 2026
By Glen Luke FlanaganJanuary 21, 2026
buffett
InvestingWarren Buffett’s successor’s first major move may be to unwind one of his biggest investments: Kraft Heinz
By Josh Funk and The Associated PressJanuary 21, 2026
soy
EconomyChina buys all 12 million tons of soybeans it promised, just in time for Trump to announce new tariffs
By Josh Funk and The Associated PressJanuary 21, 2026
The best high-yield savings account rates on Jan. 21, 2026: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Jan. 21, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 21, 2026
US Treasury Secretary Scott Bessent speaks at the 56th World Economic Forum (WEF) Annual Meeting in Davos, Switzerland in Davos, Switzerland on January 20, 2026.
EconomyScott Bessent insists he’s ‘not concerned at all’ about investors selling America—despite the fact it’s unraveled tariffs before
By Eleanor PringleJanuary 21, 2026
Photo of Tim Cook, Apple CEO.
MagazineApple tops the 2026 World’s Most Admired Companies list—finishing No. 1 for the 19th year in a row
By Matthew Heimer and Scott DeCarloJanuary 21, 2026
Davos
CommentaryThe world needs 8.5x higher GDP to give everyone a Swiss standard of living. As leaders gather in Davos, fear of growth holds this back
By Chris Bradley, Nick Leung and Sven SmitJanuary 21, 2026
louisa
CommentaryDavos 2026: reading the signals, not the headlines
By Louisa LoranJanuary 21, 2026
Best personal loans for moving and relocation 2026: An affordable way to finance your next big adventure
Personal FinanceBest personal loans for moving and relocation 2026: An affordable way to finance your next big adventure
By Joseph HostetlerJanuary 20, 2026
one bitcoin
CryptoCrypto market reels in face of tariff turmoil, Bitcoin falls below $90,000 as key legislation stalls
By Carlos GarciaJanuary 20, 2026
US President Donald Trump looks back as a question from the press is shouted after a press conference at the World Economic Forum in Davos, Switzerland, on January 22, 2020.
BankingTrump may name Jerome Powell’s replacement at Davos: Meet the top 4 candidates for Fed chair
By Eva RoytburgJanuary 20, 2026
a highway toll station
CryptoMass texts and EZ-Pass phishing: $17 billion stolen in crypto scams, largely by the Chinese
By Carlos GarciaJanuary 20, 2026
Personal loan APRs on Jan. 20, 2026
Personal FinancePersonal loan APRs on Jan. 20, 2026
By Glen Luke FlanaganJanuary 20, 2026
Federal Reserve Chairman Jerome Powell
PoliticsJerome Powell to attend Supreme Court oral argument on Lisa Cook’s attempted firing from Federal Reserve
By Christopher Rugaber and The Associated PressJanuary 20, 2026
The best high-yield savings account rates on Jan. 19, 2026: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Jan. 19, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 19, 2026
posnett
BankingGoldman investment banking co-head Kim Posnett on the year ahead, from an IPO ‘mega-cycle’ to another big year for M&A to AI’s ‘horizontal disruption’
By Nick LichtenbergJanuary 19, 2026
Dollar sinks as Trump’s new tariffs raise fears about U.S. debt and reserve currency status. ‘When it’s lost, economic collapse will follow’
EconomyDollar sinks as Trump’s new tariffs raise fears about U.S. debt and reserve currency status. ‘When it’s lost, economic collapse will follow’
By Jason MaJanuary 18, 2026
BlackRock’s Rick Rieder bid for Fed chair is gaining traction
BankingBlackRock’s Rick Rieder bid for Fed chair is gaining traction
By Josh Wingrove, Saleha Mohsin, Joshua Green and BloombergJanuary 18, 2026
Europe can wield this $8 trillion ‘sell America’ weapon as Trump reignites a trade war over his Greenland conquest ambitions
EconomyEurope can wield this $8 trillion ‘sell America’ weapon as Trump reignites a trade war over his Greenland conquest ambitions
By Jason MaJanuary 18, 2026
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Success
Nvidia CEO Jensen Huang admits he criticizes everything his 42,000-plus employees show him: ‘You can’t go a day without some criticism’placeholder alt text
By Preston ForeMay 26, 2026
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a yearplaceholder alt text
By Preston ForeMay 21, 2026
North America
Techlash grows in education: 'My daughter went to middle school and was sent home with a screen addiction in her backpack'placeholder alt text
By Jocelyn Gecker and The Associated PressMay 26, 2026
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