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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 31 of 52
Zaslav
InvestingParamount rips Warner’s sale ‘process’ as it reveals 2-year-long pursuit, escalating bids before going hostile
By Nick LichtenbergDecember 8, 2025
  • President Donald Trump attends a cabinet meeting at the White House in Washington, DC on December 2, 2025.
    EconomyTwo months into the new fiscal year and the U.S. government is already spending more than $10 billion a week servicing national debt
    By Eleanor PringleDecember 4, 2025
Ted Sarandos, Co-CEO, Netflix, attends the Los Angeles premiere of Netflix's "Stranger Things" Season 5 at TCL Chinese 6 Theatres on November 06, 2025 in Hollywood, California.
BankingNetflix CEO brushes aside Paramount’s ‘entirely expected’ hostile bid, ‘superconfident’ of closing deal with Warner Bros. Discovery
By Nick Lichtenberg and Eva RoytburgDecember 8, 2025
The CrossCountry Mortgage logo on a light blue background.
Personal FinanceCrossCountry Mortgage review 2026: Huge loan selection—and a number of money-saving programs
By Joseph HostetlerDecember 8, 2025
Photo of Vlad Tenev
CryptoRobinhood launches staking for Ethereum and Solana in ongoing crypto expansion 
By Carlos GarciaDecember 8, 2025
‘Accounting is absolutely a profession, full stop’: AICPA president pushes back after Education Department reclassifies accounting degrees
Banking‘Accounting is absolutely a profession, full stop’: AICPA president pushes back after Education Department reclassifies accounting degrees
By Courtney Vien and CFO BrewDecember 8, 2025
Paramount
BankingParamount, Netflix spur Wall Street race to win jumbo loan deals
By Natalie Harrison, Paula Seligson and BloombergDecember 8, 2025
  • Home equity loan vs. home equity line of credit (HELOC)
    Personal FinanceHome equity loan vs. home equity line of credit (HELOC)
    By Joseph HostetlerDecember 3, 2025
What’s the top concern among billionaires? Not a financial crash or debt crisis. It’s tariffs—and only 1% have no worries about the market
EconomyWhat’s the top concern among billionaires? Not a financial crash or debt crisis. It’s tariffs—and only 1% have no worries about the market
By Jason MaDecember 8, 2025
The best high-yield savings account rates on Dec. 8, 2025: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Dec. 8, 2025: Earn up to 5.00% APY
By Glen Luke FlanaganDecember 8, 2025
Jerome Powell faces a credibility issue as he tries to satisfy hawks and doves at the most divided Fed in recent memory
EconomyJerome Powell faces a credibility issue as he tries to satisfy hawks and doves at the most divided Fed in recent memory
By Jason MaDecember 7, 2025
Jamie Dimon says even though AI will eliminate some jobs ‘maybe one day we’ll be working less hard but having wonderful lives’
Future of WorkJamie Dimon says even though AI will eliminate some jobs ‘maybe one day we’ll be working less hard but having wonderful lives’
By Jason MaDecember 7, 2025
JPMorgan CEO Jamie Dimon says Europe has a ‘real problem’
EconomyJPMorgan CEO Jamie Dimon says Europe has a ‘real problem’
By Katherine Chiglinsky and BloombergDecember 6, 2025
  • picture of two bitcoins
    CryptoBitcoin bounces back more than 10% after brutal week
    By Carlos GarciaDecember 3, 2025
The most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says
EconomyThe most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says
By Jason MaDecember 6, 2025
The $124 trillion Great Wealth Transfer is intensifying as inheritance jumps to a new record, with one 19-year-old reaping the rewards
SuccessThe $124 trillion Great Wealth Transfer is intensifying as inheritance jumps to a new record, with one 19-year-old reaping the rewards
By Jason MaDecember 6, 2025
Zaslav, Sarandos
BankingA Thanksgiving dealmaking sprint helped Netflix win Warner Bros.
By Michelle F. Davis and BloombergDecember 6, 2025
Photo of a sign reading New Price in front of a home for sale
Real EstateThe ‘Great Housing Reset’ is coming: Income growth will outpace home-price growth in 2026, Redfin forecasts
By Nino PaoliDecember 6, 2025
U.S. consumers are so financially strained they put more than $1 billion on buy-now, pay later services during Black Friday and Cyber Monday
RetailU.S. consumers are so financially strained they put more than $1 billion on buy-now, pay later services during Black Friday and Cyber Monday
By Jeena Sharma and Retail BrewDecember 5, 2025
Fortune 500 Power Moves: Which executives gained and lost power this week, Nov. 22-Dec. 5, 2025
C-SuiteFortune 500 Power Moves: Which executives gained and lost power this week, Nov. 22-Dec. 5, 2025
By Fortune EditorsDecember 5, 2025
How Intuit’s chief AI officer supercharged the company’s emerging technologies teams—and why not every company should follow his lead
AIHow Intuit’s chief AI officer supercharged the company’s emerging technologies teams—and why not every company should follow his lead
By John KellDecember 5, 2025
Paul Atkins
CommentaryTurning public companies into private companies: the SEC’s retreat from transparency and accountability
By Andrew BeharDecember 5, 2025
The best high-yield savings account rates on Dec. 5, 2025: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Dec. 5, 2025: Earn up to 5.00% APY
By Glen Luke FlanaganDecember 5, 2025
Facing a vast wave of incoming liquidity, the S&P 500 prepares to surf to a new record high
InvestingFacing a vast wave of incoming liquidity, the S&P 500 prepares to surf to a new record high
By Jim EdwardsDecember 5, 2025
Ray Dalio attends the Fortune Global Forum Riyadh 2025 on October 27, 2025 in Riyadh, Saudi Arabia.
EconomyRay Dalio says ‘a little bit of everything’ is needed to prevent a debt crisis—but it won’t happen anyway
By Eleanor PringleDecember 5, 2025
Bristol Myers Squibb CEO Chris Boerner says company culture was the missing piece of his ‘patent cliff’ plan
C-SuiteBristol Myers Squibb CEO Chris Boerner says company culture was the missing piece of his ‘patent cliff’ plan
By Diane BradyDecember 5, 2025
The Fifth Third Bank logo on a blue and purple layered background.
Personal FinanceFifth Third Bank review 2026: Full-service bank with unique perks (but lackluster APYs)
By Joseph HostetlerDecember 4, 2025
Hassett
BankingMarket doubts Hassett can deliver at Fed, PGIM’s Peters says
By Ruth Carson and BloombergDecember 4, 2025
Ted Pick
BankingMorgan Stanley considers offloading some of its data-center exposure
By Esteban Duarte, Paula Seligson, Davide Scigliuzzo and BloombergDecember 4, 2025
Jerome Powell, chairman of the US Federal Reserve, during the Hoover Institution's George P. Shultz Memorial Lecture Series in Stanford, California, US, on Monday, Dec. 1, 2025.
EconomyFor Wall Street, pandemic-level bad news for jobs is good news for stocks—it pushes the Fed further into cutting territory
By Eleanor PringleDecember 4, 2025
Jerome Powell
CommentaryFed officials like the mystique of being seen as financial technocrats, but it’s time to demystify the central bank
By Alexander William SalterDecember 4, 2025
Venmo
CybersecurityVenmo says it’s ‘back up and running’ after hours of trouble sending and receiving money
By Audrey McAvoy and The Associated PressDecember 4, 2025
The best high-yield savings account rates on Dec. 4, 2025: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Dec. 4, 2025: Earn up to 5.00% APY
By Glen Luke FlanaganDecember 4, 2025
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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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