Wall Street Next

latest news in economy

Wall Street Veteran Warns of a Massive Stock Market Drop Within a Decade

New York, Sunday, 31 May 2026.
Veteran trader Steve Burns predicts a 50% market decline by 2036. He advises moving to cash, warning that fee-driven financial experts will never recommend this crucial protective strategy.

Corporate Loyalty Now Outpays Job Hopping for America's Highest Earners

New York, Saturday, 30 May 2026.
As the Great Resignation ends in May 2026, companies are aggressively funding retention. Notably, the once-lucrative pay premium for Gen Z job-hoppers has plummeted 20 percent since 2022.

Proposed Tariffs on European Cars Spark Surge in Vehicle Maintenance Demand

Brussels, Saturday, 30 May 2026.
Potential 25% tariffs on European vehicle imports are creating pricing uncertainty. Consequently, consumers are keeping their cars longer, sparking a notable surge in the domestic auto repair market.

Treasury Secretary Outlines New Strategy to Restore American Economic Independence

Washington, Saturday, 30 May 2026.
Warning that America slept while losing critical industries, Secretary Scott Bessent announced a major policy shift to rebuild domestic manufacturing, linking economic independence directly to national security.

Las Vegas Faces April Visitor Slump as Budget Air Travel Collapses

Las Vegas, Saturday, 30 May 2026.
Despite a 1.8 percent drop in April 2026 visitors linked to budget airline failures, Las Vegas casinos and hotels astonishingly achieved record-breaking revenues and room rates.

Analyst Forecasts Major Natural Gas Boom and S&P 500 Surging to 9,000

New York, Sunday, 31 May 2026.
Market analyst Dale Pinkert declares a new long-term growth phase for natural gas has officially started, alongside a bold prediction that the S&P 500 will hit a record 9,000.

Kevin Warsh Assumes Command of the Federal Reserve Amid Anticipated Policy Shifts

Washington, Friday, 29 May 2026.
With unanimous FOMC backing, Kevin Warsh officially took the oath as Federal Reserve Chairman, signaling a pivotal transition for US interest rates and potential banking deregulation.

Major US Executives Brace for Economic Decline in Late 2026

New York, Friday, 29 May 2026.
US executive confidence dropped sharply in May 2026. Strikingly, while 47% report worsening economic conditions, most companies are still maintaining capital investments and avoiding major layoffs.

Federal Regulators Clear 2025 Bank Resolution Plans Amid OCC Dissent

Washington, Friday, 29 May 2026.
On May 22, 2026, federal agencies approved major banks’ 2025 resolution plans. Crucially, OCC Comptroller Jonathan Gould abstained, condemning the binding regulatory review process as flawed and extralegal.

Jamie Dimon Urges Rollback of Banking Rules Amid an Exuberant US Market

New York, Friday, 29 May 2026.
While viewing current economic enthusiasm positively, the banking executive argues accumulated rules stifle growth and revealed his firm is scouting for a massive $20 billion acquisition.