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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 38 of 52
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
  • Jan Hammer
    CommentaryWhy Europe needs a Delaware
    By Jan HammerOctober 18, 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
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
Like Javier Milei, Trump also can’t stop Argentina’s peso from falling — ‘Will the U.S. get paid back?’
EconomyLike Javier Milei, Trump also can’t stop Argentina’s peso from falling — ‘Will the U.S. get paid back?’
By Jason MaOctober 25, 2025
Jerome Powell
EconomyInflation is still ‘the dog that didn’t bark’ as delayed CPI report shows cooler-than-expected rise to 3%
By Christopher Rugaber, Nick Lichtenberg and The Associated PressOctober 24, 2025
Powell
EconomyTop economist on the economy’s dirty truth: The only people who feel good are ‘making over $200,000’ and ‘have large stock portfolios’
By Eva RoytburgOctober 24, 2025
  • nyse broker
    InvestingRattled Wall Street on alert after trillion-dollar risk runup
    By Denitsa Tsekova, Isabelle Lee and BloombergOctober 17, 2025
Paul Atkins
Commentary‘Judge, Jury and Executioner’: How the SEC is finally leveling the playing field on its dreaded ‘Wells Notice’ enforcement process
By John Carney and Nikita MistryOctober 24, 2025
The best high-yield savings accounts offer up to 5.00% APY on Oct. 24, 2025
Personal FinanceThe best high-yield savings accounts offer up to 5.00% APY on Oct. 24, 2025
By Glen Luke FlanaganOctober 24, 2025
Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on November 07, 2024 in Washington, DC.
EconomyThe Fed just lost a key data feed on the job market days before its next rate meeting. A former BLS chief warns it’s ‘very concerning’ as Powell is left ‘flying blind’
By Eva RoytburgOctober 23, 2025
Here are the 4 pillars of Trump’s growing crypto empire—and the key people running the show
FinanceHere are the 4 pillars of Trump’s growing crypto empire—and the key people running the show
By Jeff John RobertsOctober 23, 2025
Earn up to 5.00% APY on the best high-yield savings account on Oct. 23, 2025
Personal FinanceEarn up to 5.00% APY on the best high-yield savings account on Oct. 23, 2025
By Glen Luke FlanaganOctober 23, 2025
  • Goldman Sachs
    BankingGoldman chief credit strategist Karoui exits after 18 years
    By Caleb Mutua, Vinícius Andrade and BloombergOctober 17, 2025
Trump
EconomyBudget watchdog on $38 trillion national debt: ‘It’s tough to decide what the most appalling part is of today’s announcement’
By Eleanor Pringle and Nick LichtenbergOctober 23, 2025
Donald Trump
EconomyAs national debt accelerates to $38 trillion, watchdog warns it’s ‘no way for a great nation like America to run its finances’
By Nick LichtenbergOctober 22, 2025
NYSE broker
InvestingThe S&P 500 is close to market peak based on how many ‘bear market signposts’ it’s hitting, BofA says: a whopping 60%
By Nick LichtenbergOctober 22, 2025
JPMorgan Chase CEO Jamie Dimon speaks during a ribbon cutting ceremony at the company's new global headquarters building in Midtown Manhattan on Tuesday.
BankingJPMorgan’s new $3 billion skyscraper is open 24/7—and bankers can order coffee straight to their desks
By Nino PaoliOctober 22, 2025
The ‘quiet alarm bell’ on U.S. health costs: Employers are backed into a corner, and workers are paying the price
EconomyThe ‘quiet alarm bell’ on U.S. health costs: Employers are backed into a corner, and workers are paying the price
By Ashley LutzOctober 22, 2025
Cheerful young student woman excited with good news, reading paper document at laptop, resting on sofa at home, making winner hand, fist, smiling, celebrating success, laughing
Personal FinanceTeachers union wins fight with Trump administration to restart student-loan forgiveness for 2.5 million borrowers
By Cora Lewis and The Associated PressOctober 22, 2025
Thasunda
CommentaryTime in the market is more powerful than timing the market
By Thasunda Brown DuckettOctober 22, 2025
You can get up to 5.00% APY on the best high-yield savings account on Oct. 22, 2025
Personal FinanceYou can get up to 5.00% APY on the best high-yield savings account on Oct. 22, 2025
By Glen Luke FlanaganOctober 22, 2025
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025.
BankingSam Altman’s OpenAI is coming for Wall Street’s grunt workers as AI continues to transform the entry level
By Nino PaoliOctober 22, 2025
Personal loan vs. balance transfer: Which is best for you?
Personal FinancePersonal loan vs. balance transfer: Which is best for you?
By Glen Luke FlanaganOctober 21, 2025
Sam Altman
AIOpenAI looks to replace the drudgery of junior bankers’ workload
By Omar El Chmouri and BloombergOctober 21, 2025
The best savings account is offering 5.00% APY. Check out our list of the top high-yield savings accounts on Oct. 21, 2025
Personal FinanceThe best savings account is offering 5.00% APY. Check out our list of the top high-yield savings accounts on Oct. 21, 2025
By Glen Luke FlanaganOctober 21, 2025
As CEO of Nubank Brazil since January 2024, Livia Chanes leads one of Latin America’s most prominent digital financial platforms.
Banking$70 billion fintech CEO says stop selling AI. Customers don’t care and ‘just want their problem solved’
By Eva RoytburgOctober 21, 2025
facade of BlackRock headquarters
InvestingWall Street might be panicking over private credit, but insiders can’t see what all the fuss is about
By Lily Mae Lazarus and Jim EdwardsOctober 20, 2025
Photo: IN FLIGHT - OCTOBER 19: U.S. President Donald Trump speaks to members of the press on October 19, 2025 aboard Air Force One. The President is returning to Washington, DC, after spending his weekend at Mar-a-Lago resort in Palm Beach, Florida. (Photo by Alex Wong/Getty Images)
BankingStock traders are delighted at the prospect of Trump losing his tariff war 
By Jim EdwardsOctober 20, 2025
You can earn up to 5.00% APY in a high-yield savings account on Oct. 20, 2025
Personal FinanceYou can earn up to 5.00% APY in a high-yield savings account on Oct. 20, 2025
By Glen Luke FlanaganOctober 20, 2025
Jensen Huang, Nvidia CEO.
Big TechJensen Huang says Nvidia went from 95% market share in China to 0%—‘I can’t imagine any policymaker thinking that that’s a good idea’
By Jason MaOctober 19, 2025
U.S. jury issues $20 million verdict against France’s largest bank over Sudanese atrocities
BankingU.S. jury issues $20 million verdict against France’s largest bank over Sudanese atrocities
By Mark Scolforo and The Associated PressOctober 18, 2025
Jamie Dimon, chief executive officer of JPMorgan Chase and Co., during the 2025 IIF annual membership meeting in Washington, DC, US, on Thursday, Oct. 16, 2025.
C-SuiteJamie Dimon was the ‘master architect’ of JPMorgan’s new $3 billion skyscraper, the bank’s real estate head says
By Nino PaoliOctober 18, 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
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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
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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
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