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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 33 of 52
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
  • Federal Reserve Chair Jerome Powell takes questions from reporters during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on October 29, 2025 in Washington, DC.
    EconomyThe latest Fed minutes read like another nail in the coffin for a December interest rate cut
    By Eleanor PringleNovember 20, 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
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
Photo: 3D illustration of two gold bars laying on regular stacked layer of 1kg 999,9 fine gold bar ingots. Precious metal investment, finance, banking and wealth concept.
CryptoBitcoin plunges while gold rises, destroying the crypto ‘safe haven’ narrative
By Jim EdwardsNovember 25, 2025
Best high-yield savings account rates on Nov. 25, 2025: Earn up to 5.00% APY
Personal FinanceBest high-yield savings account rates on Nov. 25, 2025: Earn up to 5.00% APY
By Glen Luke FlanaganNovember 25, 2025
Jerome Powell, chairman of the US Federal Reserve
EconomyWall Street is on tenterhooks over the Fed’s ‘rare, genuinely suspenseful’ December meeting: The committee is unsure of the data and one another
By Eleanor PringleNovember 25, 2025
  • Bowman
    BankingFed wins banking industry praise for new guidelines on supervision of financial system
    By Christopher Rugaber, Ken Sweet and The Associated PressNovember 19, 2025
Syfe CEO: Fintech founders need to focus on trust if the sector is to reach its full potential
AsiaSyfe CEO: Fintech founders need to focus on trust if the sector is to reach its full potential
By Dhruv AroraNovember 24, 2025
Illustration of a masked man holding a large Bitcoin.
CryptoCrypto attack saw victims endure waterboarding, sexual assault in $1.6 million Bitcoin robbery 
By Carlos GarciaNovember 24, 2025
A massive tech update will bring faster, cheaper trading to Wall Street. Get ready for stocks on a blockchain
MagazineA massive tech update will bring faster, cheaper trading to Wall Street. Get ready for stocks on a blockchain
By Jeff John RobertsNovember 24, 2025
Suddenly, the Fed interest rate cut in December looks like it is very much back on the table
BankingSuddenly, the Fed interest rate cut in December looks like it is very much back on the table
By Jim EdwardsNovember 24, 2025
Best high-yield savings account rates on Nov. 24, 2025: Earn up to 5.00% APY
Personal FinanceBest high-yield savings account rates on Nov. 24, 2025: Earn up to 5.00% APY
By Glen Luke FlanaganNovember 24, 2025
  • phone
    CommentaryThe emerging threat lurking within the holiday shopping rush: ghost tapping
    By Paolo Dal Cin and Ryan WhelanNovember 19, 2025
NYSE broker
InvestingFannie, Freddie shares mimic meme-stock mania with wild swings
By Georgie McKay and BloombergNovember 23, 2025
broker
InvestingWild ride on Wall Street as the crypto crash spooks risk complex
By Denitsa Tsekova, Geoffrey Morgan and BloombergNovember 23, 2025
The Fed is so divided that the next vote on rates could result in an unprecedented tie, analysts say. ‘Then things would get really messy’
EconomyThe Fed is so divided that the next vote on rates could result in an unprecedented tie, analysts say. ‘Then things would get really messy’
By Jason MaNovember 22, 2025
Florida
Energy12 million Floridians are about to see their electricity prices spike in one of the largest utility rate increases in state history
By Kate Payne and The Associated PressNovember 22, 2025
The TD Bank logo
Personal FinanceTD Bank review 2026: A full-service bank with round-the-clock customer service.
By Joseph HostetlerNovember 21, 2025
The Presidential Bank logo on a blue and purple background.
Personal FinancePresidential Bank review 2026: Checking account APY that might be better than your current high-yield savings
By Joseph HostetlerNovember 21, 2025
The Ivy Bank logo on a blue and purple layered background.
Personal FinanceIvy Bank review 2026: Top-tier savings account APY
By Joseph HostetlerNovember 21, 2025
The Rate Mortgage logo on a teal layered background.
Personal FinanceRate Mortgage review 2026
By Joseph HostetlerNovember 21, 2025
Jensen Huang looking dejected
InvestingThe stock market’s ‘fear gauge’ spiked to its highest level since Trump’s ‘Liberation Day’ tariffs caused a global selloff
By Dave SmithNovember 21, 2025
Private credit deals see a rise in ‘bad PIKs’ showing ‘cracks’ in the market for corporate debt
BankingPrivate credit deals see a rise in ‘bad PIKs’ showing ‘cracks’ in the market for corporate debt
By Jim EdwardsNovember 21, 2025
Best high-yield savings account rates on Nov. 21, 2025: Earn up to 5.00% APY
Personal FinanceBest high-yield savings account rates on Nov. 21, 2025: Earn up to 5.00% APY
By Glen Luke FlanaganNovember 21, 2025
The Hope Credit Union logo on a blue and purple layered background.
Personal FinanceHOPE Credit Union review 2026: Showstopping checking account APY, but only in these 5 states
By Joseph HostetlerNovember 20, 2025
Working mother in South Korea with child
SuccessSouth Korean banks offer baby bonuses, flexible schedules, and years-long sabbaticals while U.S. women leave the workforce in droves
By Emma BurleighNovember 20, 2025
Trump addresses the press corps while motioning to Scott Bessent
PoliticsTrump tells Scott Bessent to fix the Fed’s high interest rates or ‘I’m going to fire your ass’
By Dave SmithNovember 20, 2025
The Truist bank logo on a blue and purple layered background.
Personal FinanceTruist Bank review 2026: Full suite of account options but with a big disadvantage
By Joseph HostetlerNovember 20, 2025
Scott Bessent
EconomyTrump urges Scott Bessent to take Fed chair role, ‘but he wants no part of it, he likes being secretary of the Treasury’
By Christopher Rugaber, Josh Boak and The Associated PressNovember 20, 2025
Only ‘catastrophic missteps’ could unseat the U.S. dollar, says author Paul Blustein: ‘It is entrenched—like it or not’
EconomyOnly ‘catastrophic missteps’ could unseat the U.S. dollar, says author Paul Blustein: ‘It is entrenched—like it or not’
By David AustinNovember 20, 2025
Photo: HANAU, GERMANY - NOVEMBER 12: A general view of a Google Cloud center on November 12, 2025 in Hanau, Germany. Google will expand the Hanau site as part of a EUR 5.5 billion investment in Germany that the company announced yesterday. The investment, Google's biggest ever in Germany, includes the Hanau expansion and the construction of a new data center complex in nearby Dietzenbach. (Photo by Florian Wiegand/Getty Images)
AIMore Big Tech company debt ‘would increase the macro risks associated with the AI build-out,’ Goldman Sachs warns
By Jim EdwardsNovember 20, 2025
The best high-yield savings account rates on Nov. 20, 2025: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Nov. 20, 2025: Earn up to 5.00% APY
By Glen Luke FlanaganNovember 20, 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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