NASA Names Adam Schlesinger as Commercial Lunar Payload Services Project Manager January 6, 2025 Washington, D.C. – NASA has named Adam Schlesinger as the new project manager for the Commercial Lunar Payload Services (CLPS) program. Schlesinger will be responsible for leading the development and implementation of CLPS, which is tasked with providing commercial delivery services … Read more
The Next Full Moon is the Wolf Moon Mark your calendars! The next full Moon will appear in the night sky on January 6, 2025 The Moon will reach its fullest phase at 6:08 p.m. EST. At this time, the Moon will be opposite the Sun in the sky, meaning that the entire face of … Read more
How US-Indian NISAR Satellite Will Offer Unique Window on Earth NASA | January 6, 2025 The NASA-Indian Space Research Organization (ISRO) NISAR (NASA-ISRO Synthetic Aperture Radar) satellite is scheduled to launch in early 2024. It will carry an advanced radar instrument that will measure changes in the Earth’s surface with unprecedented detail. NISAR will provide … Read more
Federal Reserve Board Vice Chair for Supervision Michael S. Barr to Step Down in February 2025 Washington, D.C. – The Federal Reserve Board announced today that Michael S. Barr will step down from his position as Vice Chair for Supervision, effective February 28, 2025. Barr will continue to serve as a member of the Board … Read more
Cook, An Assessment of the Economy and Financial Stability On January 6, 2025 at 14:15, the Federal Reserve Board (FRB) released an article titled “Cook, An Assessment of the Economy and Financial Stability.” In this article, FRB Governor Michelle Cook provides an assessment of the current economic and financial stability landscape. Current Economic Conditions Governor … Read more
FEDS Paper: “Good” Inflation, “Bad” Inflation: Implications for Risky Asset Prices Publication Date: January 6, 2025 Authors: Claudia Macaluso, Martin Bodenstein, and Philipp Hartmann Abstract: This paper examines the distinct effects of “good” inflation, driven by strong economic growth and rising productivity, and “bad” inflation, caused by supply shocks or excessive monetary expansion, on risky … Read more
FEDS Paper: Predicting College Closures and Financial Distress Date: January 6, 2025 Source: FEDS (Federal Reserve Economic Data System) Summary: The Federal Reserve Board (FRB) has published a new working paper titled “Predicting College Closures and Financial Distress.” The paper develops a financial distress prediction model that can help identify colleges and universities at high … Read more
Fed Paper: Nonparametric Time Varying IV-SVARs: Estimation and Inference Date: January 6, 2025 Source: Federal Reserve Bank (FRB) Authors: Caner, M.; Han, X.; Lee, J.; Ng, S. Abstract: This paper introduces a new methodology for estimating and conducting inference in nonparametric time-varying instrumental variable structural vector autoregressions (IV-SVARs) models. The proposed approach is based on … Read more
DOD Partners with Interagency on Helping Communities Recover from Wildfires January 6, 2025 Washington, D.C. – The Department of Defense (DOD) announced today that it has partnered with the Federal Emergency Management Agency (FEMA), the Department of Homeland Security (DHS), and other interagency partners to provide assistance to communities recovering from wildfires. The DOD will … Read more
DOD Establishes Strategic and Critical Materials Board of Directors January 6, 2025 Washington, D.C. – The Department of Defense (DOD) has established a new Strategic and Critical Materials Board of Directors (SCMBOD) to oversee the development and implementation of a comprehensive strategy to address the challenges associated with the acquisition and use of strategic and … Read more