Economy
New CBO report shows national debt spiraling into uncharted territory by 2035—and Trump’s tariff defeat will make the picture even worse
By 2035, the CBO expects the deficit to reach $2.96 trillion or 6.2% of GDP versus 5.8% today, and almost double the multi-decade, pre-pandemic average.
By Shawn Tully
Newsletters
- MPW DailyAre Instagram beauty filters harming teen girls? A trial puts self-proclaimed ‘girl dad’ Mark Zuckerberg on the spot
- CFO DailyAmazon surpasses Walmart as the largest company by revenue in the U.S. as retail’s tech era takes hold
- Term SheetDefy Ventures teaches entrepreneurship in prisons. It changed how I think about founders
- Fortune TechWaymo’s New York dreams are dashed—for now
- CEO DailyAmazon dethrones Walmart as No. 1 on the Fortune 500. There’s a big upside to their rivalry
- Eye on AIAI is running out of power. Space won’t be an escape hatch for decades
Fortune rankings
World’s Most Admired Companies
January 21, 2026Fortune 500 Europe
October 29, 2025Fortune 500
June 2, 2025
Great Place to Work rankings
Fortune 100 Best Companies To Work For – Southeast Asia
December 1, 2025Best Large Workplaces for Parents
November 18, 2025World’s 25 Best Workplaces
November 13, 2025100 Best Large Workplaces for Women
October 23, 2025
Commentary
- MarketingHow fandom became culture’s power center — and a blueprint for Gen Z’s economic influence
- MarketsIf the recent AI and crypto shocks upset you, you’re tracking the wrong cycle
- Tariffs and tradeWe heard CEOs rip into Trump’s tariffs behind the scenes and the Supreme Court just vindicated them
- CareersSomething big is happening in AI, but that’s the only thing Matt Shumer got right
- MillionairesAre you a ‘hidden millionaire?’
- JobsThe billion-dollar justification: why AI giants need you to fear for your job
Topics
Environment
NASA pushes for March lunar mission after fixing dangerous hydrogen leak, marking “a big step toward America’s return” to the moon
Hawaiians cry fowl, grow murderous over scourge of feral chickens
It’s no time to go quiet on sustainability. Just ask beauty giant L’Oréal
Finance
If the recent AI and crypto shocks upset you, you’re tracking the wrong cycle
The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
New CBO report shows national debt spiraling into uncharted territory by 2035—and Trump’s tariff defeat will make the picture even worse
Health
The 7 Best Memory Foam Pillows of 2026: Sleep Expert Tested
Eric Dane, ‘Grey’s Anatomy’ actor who became an ALS awareness advocate, dead at 53
Strongest Pre-Workouts (2026): Expert Approved
Leadership
How fandom became culture’s power center — and a blueprint for Gen Z’s economic influence
The CEO of a $1 billion AI unicorn says his peers in Silicon Valley want you to fear for your job, but they’re actually first on the chopping block
Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich
Lifestyle
‘I have a chip on my shoulder.’ Phoebe Gates wants her $185 million AI startup Phia to succeed with ‘no ties to my privilege or my last name’
Gen Zers and millennials flock to so-called analog islands ‘because so little of their life feels tangible’
U.S. Olympian who Trump called ‘a real loser’ holds an ‘L’ to his head after a successful qualifying run
Personal Finance
New CBO report shows national debt spiraling into uncharted territory by 2035—and Trump’s tariff defeat will make the picture even worse
Meet ‘Your Rich BFF,’ the former JPMorgan trader and TikTok star who wants you to talk about money on the first date
Best checking account bonuses for February 2026: Bonuses between $300 and $7,000
Politics
The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
New CBO report shows national debt spiraling into uncharted territory by 2035—and Trump’s tariff defeat will make the picture even worse
Detroit automakers ask White House to be spared from new tariffs
Retail
How fandom became culture’s power center — and a blueprint for Gen Z’s economic influence
With Trump’s tariffs deemed illegal by the Supreme Court, Costco stands to win big both financially and on reputation
You’re not imagining that Reese’s Peanut Butter Cup tasting different. Just ask the inventor’s grandson
Tech
How fandom became culture’s power center — and a blueprint for Gen Z’s economic influence
‘I have a chip on my shoulder.’ Phoebe Gates wants her $185 million AI startup Phia to succeed with ‘no ties to my privilege or my last name’
The CEO of a $1 billion AI unicorn says his peers in Silicon Valley want you to fear for your job, but they’re actually first on the chopping block
Success
How fandom became culture’s power center — and a blueprint for Gen Z’s economic influence
With Trump’s tariffs deemed illegal by the Supreme Court, Costco stands to win big both financially and on reputation
Meet ‘Your Rich BFF,’ the former JPMorgan trader and TikTok star who wants you to talk about money on the first date