Wall Street profits surge as inflation and card debt stay elevated
Profits at New York Stock Exchange member firms reached $45.9B in the first half of 2026, up 51.3% from a year earlier and above the $45.3B New York City had forecast for the full year. This is all while inflation and card debt stay elevated.
TL;DR
- New York Stock Exchange member firms reported $45.9 billion in profits in the first half of 2026.
- This represents a 51.3% increase compared to the same period in the previous year.
- The first-half profits surpassed New York City's full-year forecast of $45.3 billion.
- These gains were achieved while inflation and card debt remained at elevated levels.