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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 32 of 52
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
  • The best high-yield savings account rates on Nov. 27, 2025: Earn up to 5.00% APY
    Personal FinanceThe best high-yield savings account rates on Nov. 27, 2025: Earn up to 5.00% APY
    By Glen Luke FlanaganNovember 27, 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
picture of two bitcoins
CryptoBitcoin bounces back more than 10% after brutal week
By Carlos GarciaDecember 3, 2025
Bessent
Banking‘We’re going to veto them’: Bessent backs new rules to give White House more power over Federal Reserve
By Christopher Rugaber and The Associated PressDecember 3, 2025
Bessent
EconomyScott Bessent calls the Giving Pledge well-intentioned but ‘very amorphous,’ growing from ‘a panic among the billionaire class’
By Nick LichtenbergDecember 3, 2025
Two men sit and smile in front of a building
CryptoExclusive: Former Citadel employees raise $17 million for Fin, a global stablecoin app ‘without all the complexity’
By Carlos GarciaDecember 3, 2025
  • Kevin Hassett, director of the National Economic Council, appears to be the frontrunner to serve as the next Fed chair.
    EconomyLongtime Trump advisor Kevin Hassett emerges as favorite for Fed chair, Bloomberg reports
    By Nino PaoliNovember 26, 2025
CoComelon started as a YouTube show for toddlers. It’s now a $3 billion empire that even Disney can’t ignore
MagazineCoComelon started as a YouTube show for toddlers. It’s now a $3 billion empire that even Disney can’t ignore
By Natalie JarveyDecember 3, 2025
SAN FRANCISCO, CALIFORNIA - SEPTEMBER 04: Anthropic Co-founder and CEO Dario Amodei speaks at the "How AI Will Transform Business in the Next 18 Months" panel during INBOUND 2025 Powered by HubSpot at Moscone Center on September 04, 2025 in San Francisco, California. (Photo by Chance Yeh/Getty Images for HubSpot)
InvestingAnthropic considers IPO despite warnings that excess liquidity is blowing a bubble in the markets
By Jim EdwardsDecember 3, 2025
Federal Reserve Bank Chair Jerome Powell
EconomyTrump’s pick for chairman isn’t enough to threaten Fed independence, says Bank of America—especially if Jerome Powell decides to stick around
By Eleanor PringleDecember 3, 2025
The best high-yield savings account rates on Dec. 3, 2025: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Dec. 3, 2025: Earn up to 5.00% APY
By Glen Luke FlanaganDecember 3, 2025
A computer screen with the Vanguard logo on it
CryptoVanguard has a change of heart on crypto, lists Bitcoin and other ETFs
By Carlos GarciaDecember 2, 2025
  • Best high-yield savings account rates on Nov. 26, 2025: Earn up to 5.00% APY
    Personal FinanceBest high-yield savings account rates on Nov. 26, 2025: Earn up to 5.00% APY
    By Glen Luke FlanaganNovember 26, 2025
Costco
BankingCostco sues Trump, demanding refunds on tariffs already paid
By Paul Wiseman and The Associated PressDecember 2, 2025
Man on private jet
SuccessCEO of $5.6 billion Swiss bank says country is still the ‘No. 1 location’ for wealth after voters reject a tax on the ultrarich
By Jessica CoacciDecember 2, 2025
Espinoza
AIAfter mass AI college-cheating freakout, many admissions offices are using it to screen student applications
By Jocelyn Gecker and The Associated PressDecember 2, 2025
The best high-yield savings account rates on Dec. 2, 2025: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Dec. 2, 2025: Earn up to 5.00% APY
By Glen Luke FlanaganDecember 2, 2025
Mohamed Aly El-Erian
Economy‘This Fed went to sleep,’ says top economist Mohamed El-Erian, who wants to see the central bank reformed and presidents to ‘cool it’
By Eleanor PringleDecember 2, 2025
Anthropic is all in on ‘AI safety’—and that’s helping the $183 billion startup win over big business
MagazineAnthropic is all in on ‘AI safety’—and that’s helping the $183 billion startup win over big business
By Jeremy KahnDecember 2, 2025
members of the media outside the White House in Washington, DC, US, on Friday, Oct. 24, 2025. Hassett said that Chinese actions on trade in the last few weeks have been "unacceptable," but there has been "sort of a thawing" in US-China relations in recent days as conversations
EconomyWho is Kevin Hassett? The rumored Fed pick says inflation is ‘way down,’ sees ‘political bias’ in jobs data, and suggested firing Powell over a renovation
By Eva RoytburgDecember 1, 2025
President Donald Trump walks out with Federal Reserve board member Jerome Powell
EconomyTrump says he has a name to replace Powell—so Wall Street may need to contend with a ‘shadow Fed chair’ for the next half year
By Eleanor PringleDecember 1, 2025
Photo: PHILADELPHIA, PA - NOVEMBER 28: Philadelphia Eagles fan dressed as the Grinch looks on during the game between the Chicago Bears and the Philadelphia Eagles on November 28, 2025 at Lincoln Financial Field in Philadelphia, PA.
Economy‘Santa Rally’ stalls even though a December cut from the Fed is a near certainty
By Jim EdwardsDecember 1, 2025
The S&P 500 could hit 7,000 this week, while Trump hints at a Fed chair pick and Washington eyes a special election
InvestingThe S&P 500 could hit 7,000 this week, while Trump hints at a Fed chair pick and Washington eyes a special election
By Jason MaNovember 30, 2025
the outside of a mcdonald's restaurant
CryptoCrypto bros trade Lambo dreams for McDonald’s memes in latest bear market sign
By Carlos GarciaNovember 29, 2025
Narendra Modi wearing a blue vest
EconomyIndia growth beats all estimates as factories defy Trump tariffs
By Anup Roy, Shruti Srivastava and BloombergNovember 28, 2025
A trader on the floor of the New York Stock Exchange
InvestingU.S. stocks lift on the last day of November as Wall Street eagerly awaits the results of Black Friday
By The Associated PressNovember 28, 2025
Jeannie Tarkenton
SuccessBillionaire MacKenzie Scott once needed her college roommate’s help with a $1,000 loan: ‘That’s just what you do for friends’
By James Pollard and The Associated PressNovember 28, 2025
A view of Canary Wharf in London
BankingJPMorgan to build new London headquarters in Canary Wharf
By Jack Sidders, Venus Feng and BloombergNovember 27, 2025
Warren Buffett in front of a sky blue background
InvestingRead Warren Buffett’s annual Thanksgiving letter for 2025—his final one to shareholders
By Dave SmithNovember 27, 2025
Luigi Lovaglio showing his profile and big beautiful bushy eyebrows
BankingPaschi CEO probed for alleged market manipulation in M&A
By Sonia Sirletti and BloombergNovember 27, 2025
Photo: U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, Oct. 29, 2025. The U.S. Federal Reserve on Wednesday decided to lower the target range for the federal funds interest rate by 25 basis points to 3.75 to 4 percent, marking its second rate cut this year.
Economy‘Weaker job growth and lower inflation’: It’s all lining up perfectly for a Fed cut in December
By Jim EdwardsNovember 27, 2025
Lisbon , Portugal - 11 November 2025; Emily Fontaine, Global Head of Venture Capital, IBM, on the New Venture Summit stage during day one of Web Summit 2025 at the MEO Arena in Lisbon, Portugal.
AIWhat the head of IBM’s $500 million AI and quantum venture fund is looking for in a startup
By Jim EdwardsNovember 27, 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
AI
Sam Altman and Dario Amodei are both walking back their AI jobs apocalypse prophecies as they eye blockbuster IPOsplaceholder alt text
By Sasha RogelbergMay 26, 2026
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