VTES News Today: Stay Updated with the Latest Vanguard Short-Term Tax-Exempt Bond ETF News in Real Time
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Portugal Drops to 40th in Global Competitiveness, June 19
Portugal drops to 40th in IMD World Competitiveness Ranking as business efficiency and government effectiveness weaken significantly.
XPeng Stock Hits 52-Week Low as Dilution Vote Looms, June 19
XPeng stock falls to 52-week low of €11.64 ahead of June 26 shareholder vote on 20% dilution. Deliveries lag Q2 targets as CEO pushes robotics push.
UK Supreme Court Rules Against Gerko in £22.5M Tax Dispute, June 18
UK Supreme Court rules against billionaire trader Alex Gerko in £22.5M tax dispute over fund structure and income tax classification.
CRA Streamlines Disability Tax Credit Applications, June 18
CRA updates disability tax credit process July 14, 2026. Paper forms no longer accepted from September. Online applications process faster.
Rivian Cuts 300 Jobs as R2 Launch Falters, Stock at $16.26
Rivian lays off less than 2% of workforce after R2 launch. Stock falls to $16.26 as company pursues profitability.
UK Supreme Court Rules Against Alex Gerko in £22.5M Tax Dispute, June 18
UK Supreme Court rules traders must pay income tax on HFFX deferred profits. Alex Gerko and 12 others face £22.5M tax bill. HMRC wins case.
Fed Interest Rates: Markets Price Higher Odds of 2026 Rate Hike After Warsh’s Remarks
The Interest Rates outlook changed sharply after the first Federal Reserve meeting led by Chair Kevin Warsh. While the Fed left borrowing costs unchanged, investors focused on a stronger message against inflation, a new policy approach, and updated projections. Financial markets quickly adjusted expectations, with traders increasing the probability of a rate hike later in…
EU Pushes Simpler Investment Rules to Build Savings Union, June 18
EU simplifies investment rules and tax policy to build a Savings and Investment Union, reducing administrative burden on savers and investors.
HMRC State Pension Tax Error Affects 8.7 Million, June 18
HMRC tax error overcharged 8.7 million state pensioners by £5 each. Total overcharge estimated at £43.5 million. Refunds expected by summer 2026.