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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 45 of 52
The best savings account is offering 5.00% APY. Check out our list of the top high-yield savings accounts Sept. 9, 2025
Personal FinanceThe best savings account is offering 5.00% APY. Check out our list of the top high-yield savings accounts Sept. 9, 2025
By Glen Luke FlanaganSeptember 9, 2025
  • Photo of Donald Trump
    BankingTrump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too
    By Eleanor PringleAugust 20, 2025
Sorry Jerome, weakening economic data is ‘exactly what markets needed’, says Wharton professor
EconomySorry Jerome, weakening economic data is ‘exactly what markets needed’, says Wharton professor
By Eleanor PringleSeptember 9, 2025
Rupert Murdoch
BankingRupert Murdoch’s real-life ‘Succession’ battle just ended in a multibillion-dollar deal that keeps Fox News, Wall Street Journal conservative
By Nick LichtenbergSeptember 8, 2025
Stocks on computer
InvestingStocks rise on Wall Street ahead of economic data, boosted by AppLovin and Robinhood being added to S&P 500
By Stan Choe and The Associated PressSeptember 8, 2025
You can earn up to 5.00% APY in a high-yield savings account Sept. 8, 2025
Personal FinanceYou can earn up to 5.00% APY in a high-yield savings account Sept. 8, 2025
By Glen Luke FlanaganSeptember 8, 2025
The best high-yield savings accounts offer up to 5.00% APY on Sept. 5, 2025
Personal FinanceThe best high-yield savings accounts offer up to 5.00% APY on Sept. 5, 2025
By Glen Luke FlanaganSeptember 5, 2025
  • GPT-5 is getting all the buzz. But the new open models of AI matter more
    CommentaryGPT-5 is getting all the buzz. But the new open models of AI matter more
    By Manik SurtaniAugust 20, 2025
Stephen Miran, chairman of the Council of Economic Advisors, walks at the White House, June 17, 2025, in Washington.
PoliticsTrump’s Fed nominee says he’d take an ‘unpaid leave of absence’ from his White House job if confirmed by the Senate
By Josh Boak and The Associated PressSeptember 4, 2025
Earn up to 5.00% APY on the best high-yield savings account rate on Sept. 4, 2025
Personal FinanceEarn up to 5.00% APY on the best high-yield savings account rate on Sept. 4, 2025
By Glen Luke FlanaganSeptember 4, 2025
You can get up to 5.00% APY on the best high-yield savings account Sept. 3, 2025
Personal FinanceYou can get up to 5.00% APY on the best high-yield savings account Sept. 3, 2025
By Glen Luke FlanaganSeptember 3, 2025
Exclusive: Democratic senators press big banks after Trump kills consumer protection rule that capped overdraft fees at $5
BankingExclusive: Democratic senators press big banks after Trump kills consumer protection rule that capped overdraft fees at $5
By Leo SchwartzSeptember 2, 2025
You can earn up to 5.00% APY in a high-yield savings account Sept. 1, 2025
Personal FinanceYou can earn up to 5.00% APY in a high-yield savings account Sept. 1, 2025
By Glen Luke FlanaganSeptember 1, 2025
  • You can get up to 5.00% APY on the best high-yield savings account on Aug. 20, 2025
    Personal FinanceYou can get up to 5.00% APY on the best high-yield savings account on Aug. 20, 2025
    By Glen Luke FlanaganAugust 20, 2025
The best high-yield savings accounts offer up to 5.00% APY on Aug. 29, 2025
Personal FinanceThe best high-yield savings accounts offer up to 5.00% APY on Aug. 29, 2025
By Glen Luke FlanaganAugust 29, 2025
Earn up to 5.00% APY on the best high-yield savings account on Aug. 28, 2025
Personal FinanceEarn up to 5.00% APY on the best high-yield savings account on Aug. 28, 2025
By Glen Luke FlanaganAugust 28, 2025
You can get up to 5.00% APY on the best high-yield savings account on Aug. 27, 2025
Personal FinanceYou can get up to 5.00% APY on the best high-yield savings account on Aug. 27, 2025
By Glen Luke FlanaganAugust 27, 2025
Lisa Cook, member of the Board of Governors of the US Federal Reserve, attends a Federal Reserve Board meeting and sits with pursed lips in a black suit.
EconomyInvestors are salivating over rate cuts as Trump’s attempt to fire Lisa Cook opens the door for a GOP Fed majority: ‘This is very positive’
By Eva RoytburgAugust 26, 2025
The best savings account is offering 5.00% APY. Check out our list of the top high-yield savings accounts on Aug. 26, 2025
Personal FinanceThe best savings account is offering 5.00% APY. Check out our list of the top high-yield savings accounts on Aug. 26, 2025
By Glen Luke FlanaganAugust 26, 2025
You can earn up to 5.00% APY in a high-yield savings account on Aug. 25, 2025
Personal FinanceYou can earn up to 5.00% APY in a high-yield savings account on Aug. 25, 2025
By Glen Luke FlanaganAugust 25, 2025
Donald Trump
BankingMoments after Jerome Powell’s latest speech, Trump threatens to fire Fed governor Lisa Cook if she doesn’t resign
By Nick LichtenbergAugust 22, 2025
Jerome Powell
EconomyPowell says ‘shifting balance of risks’ may warrant a sooner rate cut
By Christopher Rugaber and The Associated PressAugust 22, 2025
Marc Metrick
CommentarySaks Global is luxury’s last best hope
By Joel BinesAugust 22, 2025
The best high-yield savings accounts offer up to 5.00% APY on Aug. 22, 2025
Personal FinanceThe best high-yield savings accounts offer up to 5.00% APY on Aug. 22, 2025
By Glen Luke FlanaganAugust 22, 2025
The Colorado Federal Savings Bank logo on a green layered frame.
Personal FinanceColorado Federal Savings Bank CD Rates 2026: Impressive rates across the board
By Joseph HostetlerAugust 21, 2025
Lisa Cook
BankingFed governor has ‘no intention of being bullied to step down’ by Trump
By Christopher Rugaber and The Associated PressAugust 21, 2025
The next recession will likely be ‘triggered by a political act,’ says former Deutsche Bank chair and Allianz CFO
EconomyThe next recession will likely be ‘triggered by a political act,’ says former Deutsche Bank chair and Allianz CFO
By Jesse Klein and CFO BrewAugust 21, 2025
Trump goes on $100 million bond-buying spree: Here’s what it could signal about future interest rates
InvestingTrump goes on $100 million bond-buying spree: Here’s what it could signal about future interest rates
By Marco Quiroz-GutierrezAugust 21, 2025
Close up of Chinese Yuan notes, with Mao Tse-tung.
CybersecurityChina’s secret weapon against the dollar is a yuan stablecoin
By Elaine Kurtenbach and The Associated PressAugust 21, 2025
Earn up to 5.00% APY on the best high-yield savings account on Aug. 21, 2025
Personal FinanceEarn up to 5.00% APY on the best high-yield savings account on Aug. 21, 2025
By Glen Luke FlanaganAugust 21, 2025
Jerome Powell
EconomyFed minutes reveal concern over ‘the effects of higher tariffs’ as central bank left rates unchanged
By The Associated Press and Christopher RugaberAugust 20, 2025
Lisa Cook, governor of the US Federal Reserve
BankingTrump calls on Fed governor to resign after cabinet member raises accusation of mortgage fraud
By The Associated Press and Christopher RugaberAugust 20, 2025
Chairman of the US Federal Reserve Jerome Powell speaks with Lisa Cook, member of the Board of Governors of the Federal Reserve during a meeting.
BankingTrump once again gets fresh ammunition in his fight with the Fed, calling on Governor Lisa Cook to resign over mortgage-fraud claims
By Christopher Rugaber and The Associated PressAugust 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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