Wall Street on track for record-smashing $90B year, undermining lefty calls for tax hikes

Wall Street on track for record-smashing $90B year, undermining lefty calls for tax hikes — Live Feedhttps://www.live-feeds.com/feed/wall-street-on-track-for-record-smashing-90b-year-undermining-lefty-calls-for-tax-hikesContinuously updated, source-cited coverage. Wall Street Surges Toward Record $90 Billion Yearhttps://www.live-feeds.com/feed/wall-street-on-track-for-record-smashing-90b-year-undermining-lefty-calls-for-tax-hikeshttps://www.live-feeds.com/feed/wall-street-on-track-for-record-smashing-90b-year-undermining-lefty-calls-for-tax-hikes#u112200Fri, 09 Oct 2026 13:32:07 +0000Wall Street is on pace for a record-shattering $90 billion profit year, driven by a booming financial sector that has reached $45.9 billion in profits during the first half of 2026 alone. This economic surge is fueling expectations for record bonuses, increased tax revenue, and higher-paying financial services jobs in New York City, even as industry observers weigh potential headwinds. The financial windfall undercuts progressive political arguments pushing for tax hikes on the financial sector.Why it mattersThe extraordinary financial performance highlights a sharp recovery and expansion with