Go-around describes the Federal Reserve's method for auctioning Treasury securities through primary dealers, a key part of its monetary policy strategy.

Sep. 23—The recent discussions over the city's tax levy and budget over the past few weeks have put a spotlight on the process and decisions council members are currently making in order to get down ...

The Americans with Disabilities Act (ADA) protects the rights of employees with disabilities to request reasonable accommodation that enables them to perform their essential job functions and enjoy ...

The Gillespie algorithm provides statistically exact methods for simulating stochastic dynamics modeled as interacting sequences of discrete events including systems of biochemical reactions or ...

Abstract: Multidimensional stochastic sampling is crucial for many applications that rely on the reconstruction of spatial fields from observations gathered by distributed sensing devices, including ...

Abstract: Deterministic Turing machines and their associated complexity measures, by construction, cannot capture the complexity of the output of stochastic processes - like those in the real world.

As global financial markets become increasingly interconnected, accurately modelling correlations between assets is essential. Traditional models often assume static correlations, which fail to ...

In response to pressure from rivals including Chinese AI company DeepSeek, OpenAI is changing the way its newest AI model, o3-mini, communicates its step-by-step “thought” process. On Thursday, OpenAI ...