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Federal Reserve Chairman Ben Bernanke will miss the annual Jackson Hole monetary policy symposium this year due to a scheduling conflict, skipping the prestigious event for the first time since taking the helm of the central bank in 2006.
The conference, held in late August in the splendor of the Grand Teton National Park in Wyoming, draws top central bankers from around the world. Bernanke's absence would mark the first time in 25 years that a Fed chairman has not attended.
A Fed spokeswoman, responding to a Reuters enquiry, said the chairman was currently not planning to attend because of a personal scheduling conflict.
Meeting with POTUS tomorrow are heads of the CFPB, FHFA, the Fed, CFTC, FDIC, NCUA, the SEC & Comptroller of the Currency.
9:12 PM - 18 Aug 2013
CBS News White House Correspondent
Washington, D.C. · cbsnews.com
The Confidential Memo at the Heart of the Global Financial Crisis
Originally posted by Thorneblood
Though i must admit when i first heard about the Nasdaq story my first thought was some kind of Cyber Attack on Wall Street.
Worldwide internet traffic plunged by around 40% as Google services suffered a complete black-out, according to web analytics experts.
The tech company said all of its services from Google Search to Gmail to YouTube to Google Drive went down for between one and five minutes last night.
In typical Redmond fashion, information on the nature of the faults was scant, with Redmond saying "services such as Hotmail, Messenger, and SkyDrive are experiencing technical difficulties. We appreciate your patient as work on the problem."
Amazon.com, the website of the world's largest online retailer, went down today for many users across the United States and Canada. It was unclear what triggered the rare disruption, and Amazon did not respond to requests for comment.
Originally posted by Mizzijr
Man.. You know when you read something yet you don't really understand it, but it feels HUGE?
Officials are definitely acting shady..