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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 42 of 52
South Korea’s trade deal with Trump could sink its currency and trigger a financial crisis
EconomySouth Korea’s trade deal with Trump could sink its currency and trigger a financial crisis
By Jason MaSeptember 29, 2025
  • .S. President Donald Trump attends a press conference with UK Prime Minister Keir Starmer (not pictured) at Chequers at the conclusion of a state visit on September 18, 2025 in Aylesbury, England.
    EconomyTrump is already wielding his ‘golden share’ authority at U.S. Steel, overriding the company’s plans for an Illinois plant, report says
    By Nino PaoliSeptember 20, 2025
Wall Street
BankingDealmakers defy stubborn M&A market with rare $1 trillion haul
By David Carnevali, Ryan Gould, Pamela Barbaglia and BloombergSeptember 29, 2025
In this photo illustration an EA Sports logo seen displayed on a smartphone.
InvestingElectronic Arts to go private in record $55 billion buyout, the largest in private equity history
By Stan Choe and The Associated PressSeptember 29, 2025
Gold
InvestingU.S. gold reserves hit $1 trillion in value after record rally
By Jack Ryan and BloombergSeptember 29, 2025
BNY unveils updated Eliza platform, says 98% of employees are trained on AI
BankingBNY unveils updated Eliza platform, says 98% of employees are trained on AI
By Leo SchwartzSeptember 29, 2025
You can earn up to 5.00% APY in a high-yield savings account on Sept. 29, 2025
Personal FinanceYou can earn up to 5.00% APY in a high-yield savings account on Sept. 29, 2025
By Glen Luke FlanaganSeptember 29, 2025
  • Powell showed he’s still ‘firmly in control’ after White House adviser Miran’s first FOMC meeting, former Fed official says
    BankingPowell showed he’s still ‘firmly in control’ after White House adviser Miran’s first FOMC meeting, former Fed official says
    By Jason MaSeptember 20, 2025
A customer shops for furniture at an IKEA store on September 26, 2025 in Emeryville, California.
EconomyWall Street sees no ‘material drawback’ in stocks thanks to consumers, says Fed’s Hammack—problem is, shoppers are increasingly shaky
By Eleanor PringleSeptember 29, 2025
A government shutdown would delay the jobs report at a critical time as the Fed weighs more rate cuts amid mixed economic signals 
EconomyA government shutdown would delay the jobs report at a critical time as the Fed weighs more rate cuts amid mixed economic signals 
By Jason MaSeptember 28, 2025
South Korea unable to pay $350 billion in cash under trade pact
EconomySouth Korea unable to pay $350 billion in cash under trade pact
By Yoolim Lee and BloombergSeptember 28, 2025
Aman Ghei
CommentaryEurope must build better public markets for fintechs and not chase the bubble
By Aman GheiSeptember 27, 2025
The best high-yield savings accounts offer up to 5.00% APY on Sept. 26, 2025
Personal FinanceThe best high-yield savings accounts offer up to 5.00% APY on Sept. 26, 2025
By Glen Luke FlanaganSeptember 26, 2025
  • Man with dark hair and a dark suit and light blue tie.
    CybersecurityLondon teenager orchestrated ‘help desk’ extortion scheme against 47 U.S. companies that netted $115 million, says DOJ
    By Amanda GerutSeptember 20, 2025
Jerome Powell, chairman of the US Federal Reserve, during a Greater Providence Chamber of Commerce 2025 Economic Outlook luncheon in Warwick, Rhode Island, US, on Tuesday, Sept. 23, 2025.
EconomyThe Fed’s once oh-so-certain cuts for the rest of 2025 are already fading into oblivion
By Eleanor PringleSeptember 26, 2025
Millennials are defying warnings about the housing market with a ‘buy now, pray later’ attitude, but boomers could block them
Real EstateMillennials are defying warnings about the housing market with a ‘buy now, pray later’ attitude, but boomers could block them
By Ashley LutzSeptember 25, 2025
Shoppers wait to check out inside a Costco store in Napa, California, US, on Monday, Sept. 22, 2025.
EconomyIf you can’t work out why you’re struggling when the economy is doing OK, it’s because you’re on the losing side
By Eleanor PringleSeptember 25, 2025
Earn up to 5.00% APY on the best high-yield savings account on Sept. 25, 2025
Personal FinanceEarn up to 5.00% APY on the best high-yield savings account on Sept. 25, 2025
By Glen Luke FlanaganSeptember 25, 2025
Stephen Miran, who Trump nominated to undermine Fed independence, once wrote a scathing critique of how the Fed wasn’t independent enough
EconomyStephen Miran, who Trump nominated to undermine Fed independence, once wrote a scathing critique of how the Fed wasn’t independent enough
By Shawn TullySeptember 25, 2025
Trump is rewriting the rules of who can afford college as Parent PLUS loans are capped or phased out
Personal FinanceTrump is rewriting the rules of who can afford college as Parent PLUS loans are capped or phased out
By Ashley LutzSeptember 24, 2025
You can get up to 5.00% APY on the best high-yield savings account on Sept. 24, 2025
Personal FinanceYou can get up to 5.00% APY on the best high-yield savings account on Sept. 24, 2025
By Glen Luke FlanaganSeptember 24, 2025
Photo of Jerome Powell (right)
Personal FinanceJerome Powell says Congress and the private sector, not the Fed, are responsible for ‘the things that will really matter for future generations’
By Eva RoytburgSeptember 24, 2025
Javier Milei
EconomyMilei’s peso is 20% overvalued and fragile, analysts say
By Nicolle Yapur, Ignacio Olivera Doll and BloombergSeptember 23, 2025
Warren Buffett retires from Berkshire Hathaway in 100 days—and Apple could be on the chopping block
InvestingWarren Buffett retires from Berkshire Hathaway in 100 days—and Apple could be on the chopping block
By Ashley LutzSeptember 23, 2025
Oura Ring
Startups & VentureOura Ring maker to become $11 billion company with latest raise
By Lizette Chapman, Mark Gurman and BloombergSeptember 23, 2025
NYSE brokers
InvestingWall Street strategists chase S&P 500 like few times in history
By Alexandra Semenova and BloombergSeptember 23, 2025
The best savings account is offering 5.00% APY. Check out our list of the top high-yield savings accounts on Sept. 23, 2025
Personal FinanceThe best savings account is offering 5.00% APY. Check out our list of the top high-yield savings accounts on Sept. 23, 2025
By Glen Luke FlanaganSeptember 23, 2025
Jamie Dimon, chief executive officer of JPMorgan Chase
EconomyJamie Dimon says Trump’s efficiency drive isn’t enough to avert debt crisis: ‘Like most problems, it’s better to deal with it than let it happen’
By Eleanor PringleSeptember 23, 2025
President-elect Donald Trump and Elon Musk pose for a photo, with Trump doing thumbs up and Musk raising his hand, during the UFC 309 event at Madison Square Garden on November 16, 2024 in New York City.
PoliticsElon Musk once vowed to ‘go to war’ for H-1Bs. Now he’s silent on Trump’s $100K fee—and smiling beside him at Charlie Kirk’s funeral
By Eva RoytburgSeptember 22, 2025
Stephen Miran
EconomyTrump’s new Fed appointee says fewer immigrants should free up more housing and lower rental costs
By Christopher Rugaber and The Associated PressSeptember 22, 2025
Highest rates for high-yield savings accounts as of September 22, 2025
Personal FinanceYou can earn up to 5.00% APY in a high-yield savings account on Sept. 22, 2025
By Glen Luke FlanaganSeptember 22, 2025
Federal Reserve Chair Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee at the Federal Reserve on September 17, 2025.
EconomyThe Fed doesn’t actually have a ‘dual’ mandate—there’s a third part it rarely mentions, and economists want it to stay that way
By Eleanor PringleSeptember 21, 2025
Tech companies warn H-1B visa holders to avoid foreign travel
Big TechTech companies warn H-1B visa holders to avoid foreign travel
By Georgia Hall, Maria Paula Mijares Torres and BloombergSeptember 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
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
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
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