Treasury Secretary Bessent Speaking On CNBC Says Markets Got A Little Ahead Of Themselves; Says Treasury And Fed Would Work Together On Any Balance Sheet Change, Rates Have Nothing To Do With Buyback Decision

Reported Earlier "US Expanding Long-Range Commercial Drone Testing Program" - Bloomberg News

https://www.bloomberg.com/news/articles/2026-08-27/us-expanding-long-range-commercial-drone-testing-program?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4Nzg

Billionaire Israel Englander's 2 Biggest Bets Are on the S&P 500, and He Just Bought More

Billionaire investor Israel Englander's Millennium Management, which manages over $92 billion in assets, has made its two largest holdings S&P 500 index ETFs: iShares Core S&P 500 ETF (IVV) and SPDR S&P 500 ETF Trust (SPY). The fund recently purchased 1.5 million shares of IVV and 4.2 million shares of SPY in Q2, demonstrating that even sophisticated investors rely on low-cost index funds for diversification.

Live On Fox Business, Fed's Hammack Says The Job Market Is Broadly In Balance; Latest Inflation Data In Line With Expectations; Fed Policy Needs To Be Restrictive; Expects Slow Progress On Inflation, Should End Year Around 3%; Next Year Inflation Might Ease To Around 2.5% 'At Best'; Goes Into Every Fed Meeting With An Open Mind; Says Open Minded About Cadence Of Fed Meeting Schedules

'U.S. Close To Striking "Massive" Deal For Venezuelan Oil Fields' - Axios

https://www.axios.com/2026/08/27/trump-venezuela-oil-deal-talks