{
  "id": 12354428,
  "title": "Wall Street eyes record bonuses as profit heads past US$90 billion",
  "url": "https://urgent.news/2026/10/06/wall-street-eyes-record-bonuses-as-profit-heads-past-us-90-billion",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T10:01:48.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/banking-finance/wall-street-eyes-record-bonuses-profit-heads-past-us90-billion"
  },
  "original_language": "en",
  "account": "New York's trading and investment-banking sector is on track to deliver record earnings, with profit expected to surpass US$90 billion, according to a report by New York State Comptroller Thomas DiNapoli. This would mark a significant increase from last year's record of US$65.1 billion. The robust performance is attributed to a booming first half of 2026, fueled by volatile markets and renewed confidence in dealmaking. Major Wall Street firms have already reported record revenues in key business lines, with Goldman Sachs posting its third consecutive all-time quarterly record for stock-trading. This strong year is projected to benefit not only the finance professionals but also the broader economy and New York City's job market, which has already seen a significant increase in employment within the industry.",
  "summary": "Annual earnings would comfortably surpass last year’s record of US$65.1 billion, according to a report",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
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        "title": "Bursa opens higher on positive Wall Street momentum",
        "url": "https://urgent.news/2026/10/06/bursa-opens-higher-on-positive-wall-street-momentum",
        "published": "2026-10-06T01:45:00.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Bursa Malaysia opens higher on positive Wall Street momentum",
        "url": "https://urgent.news/2026/10/06/bursa-malaysia-opens-higher-on-positive-wall-street-momentum",
        "published": "2026-10-06T02:20:58.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Japan's Nikkei buoyed by Wall Street gains, dip in crude oil",
        "url": "https://urgent.news/2026/10/06/japans-nikkei-buoyed-by-wall-street-gains-dip-in-crude-oil-12316599",
        "published": "2026-10-06T06:02:51.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Wall Street profits could exceed $90B if rest of the year tracks, NY state comptroller says",
        "url": "https://urgent.news/2026/10/06/wall-street-profits-could-exceed-90b-if-rest-of-the-year-tracks-ny",
        "published": "2026-10-06T09:30:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}