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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 26 of 52
Personal loan APRs on Jan. 13, 2026
Personal FinancePersonal loan APRs on Jan. 13, 2026
By Glen Luke FlanaganJanuary 13, 2026
  • tariff
    EconomyTrump may be raising your taxes with his tariffs but he could actually cut inflation with them, too, SF Fed says
    By Jake AngeloJanuary 6, 2026
Polygon Labs buys two crypto startups for $250 million as it looks to compete with Stripe
CryptoPolygon Labs buys two crypto startups for $250 million as it looks to compete with Stripe
By Ben WeissJanuary 13, 2026
powell
BankingWhy the DOJ’s subpoena of Jerome Powell backfired so quickly, emboldening Republicans to stand up to Trump
By Christopher Rugaber, Josh Boak and The Associated PressJanuary 13, 2026
powell/trump
CommentaryIs Powell’s Fed head independence dead? Trump outfoxes himself this time
By Jeffrey SonnenfeldJanuary 13, 2026
Today’s best high-yield savings account rates on Jan. 13, 2026: Earn up to 5.00% APY
Personal FinanceToday’s best high-yield savings account rates on Jan. 13, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 13, 2026
Ascend Money wants to finance the 10 million-plus Thais currently being ignored by traditional banks stuck in the past
AsiaAscend Money wants to finance the 10 million-plus Thais currently being ignored by traditional banks stuck in the past
By Nicholas GordonJanuary 13, 2026
  • JPMorgan, Citi extend mortgage relief for LA wildfire victims
    BankingJPMorgan, Citi extend mortgage relief for LA wildfire victims
    By Maxwell Adler and BloombergJanuary 6, 2026
Former New York Mayor Eric Adams has a new act as a crypto entrepreneur—though details of his ‘NYC Token’ remain vague
CryptoFormer New York Mayor Eric Adams has a new act as a crypto entrepreneur—though details of his ‘NYC Token’ remain vague
By Leo Schwartz and Ben WeissJanuary 12, 2026
Allegiant
BankingAllegiant Air to acquire Sun Country Airlines for $1.5 billion
By Rio Yamat and The Associated PressJanuary 12, 2026
‘Something big’ just happened in the U.S. housing market, real estate CEO says. And it could mean the difference of being able to buy a home or not
Real Estate‘Something big’ just happened in the U.S. housing market, real estate CEO says. And it could mean the difference of being able to buy a home or not
By Sydney LakeJanuary 12, 2026
The FOMC has the power to pick its own chair and could keep Powell—unless the DOJ probe and Supreme Court let Trump oust him from the Fed
EconomyThe FOMC has the power to pick its own chair and could keep Powell—unless the DOJ probe and Supreme Court let Trump oust him from the Fed
By Jason MaJanuary 12, 2026
Personal loan APRs on Jan. 12, 2026
Personal FinancePersonal loan APRs on Jan. 12, 2026
By Glen Luke FlanaganJanuary 12, 2026
  • How a real estate scion’s risky dealmaking pushed Saks Global to the brink
    RetailHow a real estate scion’s risky dealmaking pushed Saks Global to the brink
    By Phil WahbaJanuary 6, 2026
U.S. President Donald Trump
EconomyTreasury spent $276 billion in interest on the national debt in the final three months of 2025, says the CBO—up $30 billion from a year prior
By Eleanor PringleJanuary 12, 2026
The best high-yield savings account rates on Jan. 12, 2026: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Jan. 12, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 12, 2026
Photo: Jerome Powell
Economy‘Sell America’: Investors dump U.S. assets in fear of the end of Fed independence
By Jim EdwardsJanuary 12, 2026
Trump calls for one-year cap on credit card rates at 10%
BankingTrump calls for one-year cap on credit card rates at 10%
By Romy Varghese and BloombergJanuary 10, 2026
bessent
BankingBessent’s visit to Minnesota comes with more vows to crack down on fraud as tensions flare with state, Somalia government
By Fatima Hussein and The Associated PressJanuary 9, 2026
Personal loan APRs on Jan. 9, 2026
Personal FinancePersonal loan APRs on Jan. 9, 2026
By Glen Luke FlanaganJanuary 9, 2026
The best high-yield savings account rates on Jan. 9, 2026: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Jan. 9, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 9, 2026
Best free checking accounts of May 2026
Personal FinanceBest free checking accounts of May 2026
By Glen Luke FlanaganJanuary 8, 2026
Personal loan APRs on Jan. 8, 2026
Personal FinancePersonal loan APRs on Jan. 8, 2026
By Glen Luke FlanaganJanuary 8, 2026
Exclusive: Invictus-backed cybersecurity company ThreatModeler acquires competitor IriusRisk for over $100 million
Startups & VentureExclusive: Invictus-backed cybersecurity company ThreatModeler acquires competitor IriusRisk for over $100 million
By Leo SchwartzJanuary 8, 2026
The best high-yield savings account rates on Jan. 8, 2026: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Jan. 8, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 8, 2026
‘There’s so much corruption, embezzlement and missing money’: Venezuela’s rumored $60 billion Bitcoin ‘shadow reserve’ draws skepticism
Crypto‘There’s so much corruption, embezzlement and missing money’: Venezuela’s rumored $60 billion Bitcoin ‘shadow reserve’ draws skepticism
By Jake AngeloJanuary 7, 2026
Jamie Dimon
CommentaryJamie Dimon’s bombshell on proxy advisory delivers a body blow to the firms he called ‘incompetent’
By Richard TorrenzanoJanuary 7, 2026
Exclusive: Fireblocks acquires crypto accounting platform TRES Finance for $130 million
CryptoExclusive: Fireblocks acquires crypto accounting platform TRES Finance for $130 million
By Ben WeissJanuary 7, 2026
two men pose for camera
CryptoExclusive: Stanford professor raises $15 million for Babylon, a decentralized protocol to turn Bitcoin into collateral 
By Carlos GarciaJanuary 7, 2026
Personal loan APRs on Jan. 7, 2026
Personal FinancePersonal loan APRs on Jan. 7, 2026
By Glen Luke FlanaganJanuary 7, 2026
woman smiles in front of camera
EconomyBusiness leaders are growing more optimistic, JPMorgan survey finds
By Carlos GarciaJanuary 7, 2026
Man in a suit and tie talking.
BankingJamie Dimon rejects Jeff Bezos’ playbook and hoards his JPMorgan shares. He’ll see $770 million in gains for 2025
By Amanda GerutJanuary 7, 2026
The best high-yield savings account rates on Jan. 7, 2026: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Jan. 7, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 7, 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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