Park City Ski-Area Turns to Luxury Dirt Deal Ahead of Olympics

Published on June 6, 2026

The largest ski resort in the US, in a corner of Utah long popular with wealthy travelers and second-home buyers, is expanding — and turning to the municipal bond market to help pay for it.

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Vanguard Expands Fixed Income Lineup With New High Yield ETF

June 6, 2026
On June 4, Vanguard launched the Vanguard U.S. High-Yield Corporate Bond Index ETF (VCHY) on the Cboe BZX. VCHY provides ultra-low-cost exposure to higher-yield U.S. corporate bonds. It comes with an expense ratio of just five basis points.

Emerging-Market Currencies Sink on Gangbuster US Jobs Report

June 6, 2026
Currencies in the developing world sank after a blowout US jobs report provided the clearest sign yet that the labor market is breaking out of a prolonged period of lackluster hiring, undercutting the case for rate cuts from the Federal Reserve.