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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
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
AI is changing the hospitality industry, and it’s changing how you stay in hotels
Future of WorkAI is changing the hospitality industry, and it’s changing how you stay in hotels
By Catherina GioinoMay 27, 2026
More BankingPage 37 of 52
Rivian’s CFO hints the end of EV tax credits means manufacturers are being forced to finally make more affordable electric cars
InnovationRivian’s CFO hints the end of EV tax credits means manufacturers are being forced to finally make more affordable electric cars
By Jordyn Grzelewski and Tech BrewNovember 2, 2025
  • JPMorgan balks at $115 million legal tab for convicted fraudsters and says Charlie Javice’s lawyers are treating it ‘like a blank check’
    BankingJPMorgan balks at $115 million legal tab for convicted fraudsters and says Charlie Javice’s lawyers are treating it ‘like a blank check’
    By Ken Sweet and The Associated PressOctober 25, 2025
In private credit, banks are ‘quietly preparing for some distress on the horizon’ by requiring ever stricter legal terms for debt-ridden companies
BankingIn private credit, banks are ‘quietly preparing for some distress on the horizon’ by requiring ever stricter legal terms for debt-ridden companies
By Jim EdwardsNovember 2, 2025
It’s not just soybeans. China also stopped importing U.S. coal amid Trump’s trade war
EnergyIt’s not just soybeans. China also stopped importing U.S. coal amid Trump’s trade war
By Mead Gruver and The Associated PressNovember 1, 2025
Legendary investor Warren Buffett marks 3 straight years as a net seller of stocks with a new CEO about to take charge at Berkshire
InvestingLegendary investor Warren Buffett marks 3 straight years as a net seller of stocks with a new CEO about to take charge at Berkshire
By Jason MaNovember 1, 2025
More than half of Gen Z says they only use cash as ‘a last resort’ and doing so is ‘cringe,’ survey shows
BankingMore than half of Gen Z says they only use cash as ‘a last resort’ and doing so is ‘cringe,’ survey shows
By Sydney LakeNovember 1, 2025
A seesaw with a money symbol and a house.
Personal FinanceWhat’s the difference between a personal loan and a home equity loan—and which is best for you?
By Joseph HostetlerOctober 31, 2025
  • FBI
    LawLegal sports betting generated $10 billion through the first 9 months of 2025. The NBA poker bombshell is exposing its dark underbelly
    By Wyatte Grantham-Philips and The Associated PressOctober 25, 2025
Powell suggested tech giants fueling the AI boom and GDP hardly care about Fed rate tweaks. They just proved him right
InvestingPowell suggested tech giants fueling the AI boom and GDP hardly care about Fed rate tweaks. They just proved him right
By Jason MaOctober 31, 2025
The best high-yield savings accounts offer up to 5.00% APY on Oct. 31, 2025
Personal FinanceThe best high-yield savings accounts offer up to 5.00% APY on Oct. 31, 2025
By Glen Luke FlanaganOctober 31, 2025
The My Banking Direct logo on a blue and purple layered background.
Personal FinanceMy Banking Direct review 2026: Top-tier savings account APY (and a few good CDs, too)
By Joseph HostetlerOctober 30, 2025
Donation from Timothy Mellon
SuccessMeet Timothy Mellon, the reclusive Wyoming billionaire revealed as the $130 million donor funding military pay during the federal shutdown
By Jessica CoacciOctober 30, 2025
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Oct. 29, 2025.
EconomyJerome Powell says the AI hiring apocalypse is real: ‘Job creation is pretty close to zero’
By Eva RoytburgOctober 30, 2025
  • Lula, Petro
    EconomyYour morning cup of coffee is more expensive. Trump tariffed the top provider and launched an anti-drugs campaign against the second
    By Dee-Ann Durbin, Chris Rugaber and The Associated PressOctober 25, 2025
Bank of America CEO Brian Moynihan
EconomyBrian Moynihan warns government shutdown risks slowing the economy—and urges policymakers to address fiscal concerns with a ‘clear head’
By Eleanor PringleOctober 30, 2025
Earn up to 5.00% APY on the best high-yield savings account on Oct. 30, 2025
Personal FinanceEarn up to 5.00% APY on the best high-yield savings account on Oct. 30, 2025
By Glen Luke FlanaganOctober 30, 2025
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Oct. 29, 2025.
AIPowell says that, unlike the dotcom boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’
By Eva RoytburgOctober 29, 2025
US Federal Reserve Chair Jerome Powell speaks during a press conference at the end of a Monetary Policy Committee meeting in Washington, DC, on October 29, 2025. The US Federal Reserve on Wednesday announced its second consecutive quarter-point rate cut to bolster the flagging labor market, unveiling a decision that highlighted the growing division in its ranks. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)
BankingPowell warns not to count on a December rate cut just yet—the Fed is extremely divided, and a further cut is ‘not a foregone conclusion. Far from it’
By Eva RoytburgOctober 29, 2025
Jerome Powell, chairman of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on Friday, Oct. 24, 2025.
EconomyPowell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
By Eva RoytburgOctober 29, 2025
HKEX CEO Bonnie Chan says global stock exchanges have to work together to stay relevant in a crypto age
InvestingHKEX CEO Bonnie Chan says global stock exchanges have to work together to stay relevant in a crypto age
By Angelica AngOctober 29, 2025
You can expect a 0.25% cut from the Fed, says Wall Street, but little economic insight from Powell—after all, he doesn’t have much to go on
EconomyYou can expect a 0.25% cut from the Fed, says Wall Street, but little economic insight from Powell—after all, he doesn’t have much to go on
By Eleanor PringleOctober 29, 2025
You can get up to 5.00% APY on the best high-yield savings account on Oct. 29, 2025
Personal FinanceYou can get up to 5.00% APY on the best high-yield savings account on Oct. 29, 2025
By Glen Luke FlanaganOctober 29, 2025
The New York Stock Exchange on Monday, Oct. 13, 2025.
InvestingPayPal and UPS are sparking a late-session rally, powering stocks to fresh records
By Stan Choe and The Associated PressOctober 28, 2025
Jeremy Allaire speaks on stage at conference.
ConferencesInternational laws need to be updated for a ‘machine-governed economic system,’ says CEO of stablecoin giant Circle
By Ben WeissOctober 28, 2025
The best savings account is offering 5.00% APY. Check out our list of the top high-yield savings accounts on Oct. 28, 2025
Personal FinanceThe best savings account is offering 5.00% APY. Check out our list of the top high-yield savings accounts on Oct. 28, 2025
By Glen Luke FlanaganOctober 28, 2025
The Movement Mortgage logo on a teal layered background.
Personal FinanceMovement Mortgage review 2026
By Joseph HostetlerOctober 27, 2025
broker
EconomyGold plunges below $4,000 as U.S.-China truce erodes haven demand
By Yvonne Yue Li, Sybilla Gross, Yihui Xie and BloombergOctober 27, 2025
Traders work on the floor of the New York Stock Exchange during morning trading on October 27, 2025 in New York City.
InvestingWall Street’s bull run reaches a make-or-break week as Trump-Xi talks and Fed decisions loom
By The Associated PressOctober 27, 2025
You can earn up to 5.00% APY in a high-yield savings account on Oct. 27, 2025
Personal FinanceYou can earn up to 5.00% APY in a high-yield savings account on Oct. 27, 2025
By Glen Luke FlanaganOctober 27, 2025
Trump
PoliticsTrump hails Milei’s Argentina win, says U.S. made ‘lot of money’
By Daniel Flatley, Josh Wingrove and BloombergOctober 27, 2025
C.S. Venkatakrishnan
ConferencesBarclays’ reentry into Saudi Arabia highlights the kingdom’s strategy to become the new global hub for regional headquarters
By Nick LichtenbergOctober 27, 2025
The housing market’s fall surprise: Buyers are back, and Zillow says the momentum isn’t over yet
Real EstateThe housing market’s fall surprise: Buyers are back, and Zillow says the momentum isn’t over yet
By Ashley LutzOctober 26, 2025
NYSE broker
InvestingInside the $22 trillion world of private capital, an asset class so big it would be the world’s second-largest economy
By Nick LichtenbergOctober 26, 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
Travel & Leisure
The U.S. campaigned to host the World Cup. Now soccer fans will trade their countries' train system for the U.S.'s 'D' rated infrastructureplaceholder alt text
By Catherina GioinoMay 25, 2026
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