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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 43 of 52
.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
  • The best savings account rate is 5.00% APY. Check out our list of the top high-yield savings accounts on Sept. 16, 2025
    Personal FinanceThe best savings account rate is 5.00% APY. Check out our list of the top high-yield savings accounts on Sept. 16, 2025
    By Glen Luke FlanaganSeptember 16, 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
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
Office buildings
CommentaryCommercial real estate’s seismic transformation is creating new winners—and losers— in the property market
By Greg FriedmanSeptember 19, 2025
Jerome Powell
Real EstateHere’s what the Fed rate cut means for your mortgage and the housing market
By Alex Veiga and The Associated PressSeptember 19, 2025
American Express
Personal Finance‘If nothing else, going to lounges and using the $600 hotel credit will essentially justify the cost’: American Express Platinum’s facelift
By Ken Sweet and The Associated PressSeptember 19, 2025
  • Appeals court rejects Trump’s bid to oust Lisa Cook from the Fed ahead of crucial interest rate decision
    PoliticsAppeals court rejects Trump’s bid to oust Lisa Cook from the Fed ahead of crucial interest rate decision
    By Christopher Rugaber and The Associated PressSeptember 15, 2025
The best high-yield savings accounts offer up to 5.00% APY on Sept. 19, 2025
Personal FinanceThe best high-yield savings accounts offer up to 5.00% APY on Sept. 19, 2025
By Glen Luke FlanaganSeptember 19, 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, Sept. 17, 2025.
BankingThe Fed’s cut was ‘more hawkish than anticipated,’ Moody’s Zandi says — and warns it won’t be enough to stave off a looming jobs recession
By Eva RoytburgSeptember 19, 2025
Harvard
LawHarvard Business School grad charged with swindling fellow alums out of $4 million in Ponzi scheme
By Larry Neumeister and The Associated PressSeptember 18, 2025
CEO of $22.5 billion Ramp calls advisors like OpenAI’s Fidji Simo and Microsoft’s Satya Nadella when he needs business advice
C-SuiteCEO of $22.5 billion Ramp calls advisors like OpenAI’s Fidji Simo and Microsoft’s Satya Nadella when he needs business advice
By Rachel VentrescaSeptember 18, 2025
Brian Moynihan
BankingBank of America CEO admits that AI is shrinking some departments even as bank boosts minimum wage to $25
By Nick LichtenbergSeptember 18, 2025
  • Senate confirms Miran as Fed governor right before policy meeting, even as he keeps job as White House adviser
    PoliticsSenate confirms Miran as Fed governor right before policy meeting, even as he keeps job as White House adviser
    By Christopher Rugaber and The Associated PressSeptember 15, 2025
Matt Flemming
CommentaryVanguard senior wealth exec: Where to turn when you need liquidity
By Matthew FlemingSeptember 18, 2025
Donald Trump
CommentaryTariff whiplash is hurting small businesses — and it’s only getting worse
By Jacob BennettSeptember 18, 2025
Earn up to 5.00% APY on the best high-yield savings account on Sept. 18, 2025
Personal FinanceEarn up to 5.00% APY on the best high-yield savings account on Sept. 18, 2025
By Glen Luke FlanaganSeptember 18, 2025
American Express’s CEO unveils a big upgrade to its $895 Platinum Card—and explains how he’s targeting Gen Z and Millennials
BankingAmerican Express’s CEO unveils a big upgrade to its $895 Platinum Card—and explains how he’s targeting Gen Z and Millennials
By Shawn TullySeptember 18, 2025
Jerome Powell, chairman of the US Federal Reserve
EconomyMarkets got what they wanted from Powell with a Fed rate cut and they’re still not happy
By Eleanor PringleSeptember 18, 2025
Federal Reserve Chair Jerome Powell frowns at the camera.
EconomyPowell isn’t being subtle about Trump, immigration and the employment disaster: ‘The supply of workers has obviously come way down’
By Eva RoytburgSeptember 17, 2025
Federal Reserve Chair Jerome Powell in a dark suit at a podium.
BankingMarkets expected the rate cut, but the ‘real surprise’ is the Fed’s opinion on the current state of the economy, quant CEO says
By Amanda GerutSeptember 17, 2025
Jerome Powell
EconomyJerome Powell warns there’s ‘no risk-free path’ to avoid stagflation: ‘We have a situation where we have two-sided risk’
By Nick LichtenbergSeptember 17, 2025
n this March 5, 2012, file photo, consumer credit cards are posed in North Andover, Mass.
Personal FinanceDon’t hold your breath waiting for a lower mortgage rate or auto loan after the Fed cut, analyst says: ‘Unlikely to make a noticeable difference’
By The Associated PressSeptember 17, 2025
Donald Trump
EconomyJapan’s exports to U.S. fall for fifth-straight month, plummeting 13.8% in August
By Yuri Kageyama and The Associated PressSeptember 17, 2025
Federal Reserve Chairman Jerome Powell answers questions from reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington, DC.
EconomyThe Fed blinks: First rate cut since December comes as hiring falters and Trump rages
By Eva RoytburgSeptember 17, 2025
Elon Musk
EconomyTop analyst says Elon Musk’s DOGE layoffs marked the ‘end of the rolling recession’ that began 3 years ago. The worst should be over
By Nick LichtenbergSeptember 17, 2025
You can get up to 5.00% APY on the best high-yield savings account on Sept. 17, 2025
Personal FinanceYou can get up to 5.00% APY on the best high-yield savings account on Sept. 17, 2025
By Glen Luke FlanaganSeptember 17, 2025
President Donald Trump (L) and Federal Reserve Chair Jerome Powell
EconomyTrump is pushing for a ‘big cut’ from the Fed today—but he’s already on a losing streak
By Eleanor PringleSeptember 17, 2025
A young woman is sitting on the sofa at home with her head in her hands.
Personal Finance1 in 3 Americans have no emergency savings—while boomers’ $2,000 cushion dwarfs Gen Z’s $400, survey finds
By Muskaan ArshadSeptember 17, 2025
Gold
InvestingBofA sees gold hitting $4,000 per ounce in the second quarter of 2026. Here’s why the bank sees more room to run after recent record highs
By Nick LichtenbergSeptember 16, 2025
Publishers Clearing House
LawPublishers Clearing House, company that promised ‘forever’ payments to sweepstakes winners, says actually nevermind
By The Associated PressSeptember 16, 2025
Jerome Powell
Real EstateBofA sees ‘path to a 5% mortgage rate’ if the Fed pulls off these 2 things
By Nick LichtenbergSeptember 16, 2025
Luigi Mangione, in a collered shirt with a sweater over it, appears at a hearing for the murder of UHC CEO Brian Thompson at Manhattan Criminal Court on February 21, 2025 in New York City.
LawLuigi Mangione returns to court after 7 months, with a cult following watching him closely
By Michael R. Sisak and The Associated PressSeptember 16, 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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