A Rainbow-colored “Feather” in the Martian Sky February 12, 2025 Today, NASA released a stunning image captured by the Perseverance rover on Mars. The image, taken on February 10, 2025, shows a vibrant, rainbow-colored “feather” in the Martian sky. The feather-like formation is approximately 20 kilometers long and 5 kilometers wide. It is composed of … Read more
NASA’s Polar Ice Experiment Paves Way for Future Moon Missions February 12, 2025 NASA’s Polar Resources Ice Mining Experiment (PRIME-1) team has successfully demonstrated the ability to extract water ice from the lunar surface, providing valuable insights for future crewed missions to the Moon. The PRIME-1 experiment, which was part of the Artemis I mission, … Read more
25 Years Ago: STS-99, the Shuttle Radar Topography Mission Twenty-five years ago, on February 11, 2000, Space Shuttle Endeavour lifted off from Kennedy Space Center on mission STS-99, carrying a crew of five astronauts and the Shuttle Radar Topography Mission (SRTM). The 11-day mission was dedicated to mapping the Earth’s surface in unprecedented detail using … Read more
Federal Reserve Board Announces Approval of Application by CSBH, LLC Washington, D.C. – The Federal Reserve Board on February 12, 2025, announced its approval of the application by CSBH, LLC, a bank holding company, to acquire all of the issued and outstanding common stock of Commercial State Bank. CSBH, LLC, is a newly formed bank … Read more
Federal Reserve Board Announces Approval of Proposal by ChoiceOne Financial Services, Inc. February 12, 2025 The Federal Reserve Board (FRB) today announced its approval of a proposal by ChoiceOne Financial Services, Inc., Sparta, Michigan, to acquire Legacy Financial Services, Inc., Milan, Michigan. The FRB received no comments on the proposal. The Board determined that the … Read more
Federal Reserve Board Announces Approval of Application by WesBanco, Inc. Washington, D.C., February 12, 2025 – The Federal Reserve Board on Friday announced its approval of an application by WesBanco, Inc. (Nasdaq: WSBC) to acquire all of the outstanding shares of Old Line Bancshares, Inc. (Nasdaq: OLBK). The transaction is expected to close in the … Read more
FRB: Reflections on a Maturing Stablecoin Market February 12, 2025 In a recent speech, Governor Christopher Waller of the Federal Reserve Board (FRB) discussed the evolving stablecoin market and its potential implications for financial stability. Stablecoins: Definition and Significance Stablecoins are cryptocurrencies that are pegged to a fiat currency, such as the US dollar, and … Read more
FRB Publishes Paper on Geopolitics and Monetary Policy’s Impact on Cross-Border Bank Lending Publication: IFDP Paper: Geopolitics Meets Monetary Policy: Decoding Their Impact on Cross-Border Bank Lending Date: February 12, 2025 Institution: Federal Reserve Bank (FRB) Authors: Dario Erdin, Sam Langfield, and Catalina I. Teodorescu Summary: The recently published FRB paper delves into the intricate … Read more
FEDS Paper: Measuring AI Research and Development through Conference Call Transcripts Introduction: The Federal Reserve Bank of St. Louis (FRB) recently published a paper titled “Research in Commotion: Measuring AI Research and Development through Conference Call Transcripts.” This paper presents a novel approach to tracking artificial intelligence (AI) research and development (R&D) activities by analyzing … Read more
FEDS Paper: Heraclius: A Byzantine Fault Tolerant Database System with Potential for Modern Payments Systems Introduction The Federal Reserve Bank of New York (FRB) has published a new paper titled “Heraclius: A Byzantine Fault Tolerant Database System with Potential for Modern Payments Systems.” The paper presents a new distributed database system that is designed to … Read more