The original version of this story appeared in Quanta Magazine. In 1939, upon arriving late to his statistics course at UC Berkeley, George Dantzig—a first-year graduate student—copied two problems ...

The leading approach to the simplex method, a widely used technique for balancing complex logistical constraints, can’t get any better. In 1939, upon arriving late to his statistics course at the ...

A new study by Shanghai Jiao Tong University and SII Generative AI Research Lab (GAIR) shows that training large language models (LLMs) for complex, autonomous tasks does not require massive datasets.

The U.S. economy added 911,000 fewer jobs over the 12 months ending in March than the Bureau of Labor Statistics (BLS) initially reported, according to data released by the besieged agency Tuesday. In ...

U.S. employers are adding far fewer jobs than initially tallied, in the latest sign that the labor market may be weaker than expected, according to a preliminary report from the Labor Department on ...

The Labor Department on Tuesday published the preliminary estimate of its annual benchmark revision to nonfarm payrolls, which showed the U.S. economy added significantly fewer jobs than previously ...

U.S. Q2 GDP growth, annual rate, revised to +3.3% Q/Q from the initial estimate of 3.0%, the Commerce Department's Bureau of Economic Analysis said on Thursday. The measure compares with the 3.1% ...

Aug. 28 (UPI) --The U.S. gross domestic product was revised slightly upward, according to the second estimate released by the U.S. Bureau of Economic Analysis Thursday. The GDP, which is a measure of ...

Job market data get revised every month. But rarely are the revisions as negative as the ones in Friday’s employment report. The Labor Department lowered its payroll count for May and June by a ...

President Donald Trump on Friday fired Dr. Erika McEntarfer, the Commissioner of Labor Statistics, after July's U.S. job numbers were revised down. U.S. employers added 73,000 jobs in July, far lower ...

The U.S. added 258,000 fewer jobs in May and June than the Labor Department first reported, according to federal data released Friday. The Bureau of Labor Statistics (BLS) issued stunning revisions to ...