Learn how convexity adjustments in bonds affect interest rates and prices using key formulas. Understand their importance in accurately predicting bond price changes.

WASHINGTON, Dec 5 (Reuters) - U.S. consumer spending increased moderately in September after three straight months of solid gains, suggesting a loss of momentum in the economy at the end of the third ...

Large language models often lie and cheat. We can’t stop that—but we can make them own up. OpenAI is testing another new way to expose the complicated processes at work inside large language models.

Human-driven habitat loss affects wildlife worldwide. While some species cannot adapt, others can navigate new habitats, noise, and human exposure. One species that has been forced to adapt to human ...

Over the past two years, we’ve all heard a lot about generative AI. But for all of the hype about how it might change the business world, finding concrete examples of what it is doing right now isn’t ...

Microsoft announced new agents for Word, Excel, and PowerPoint. They can help to shrink the gap between ideation and production. Other Copilot updates include an expanded Voice mode. In the era of AI ...

The current state of the cattle market and beef industry has been described as chaotic. “There’s chaos in cattle,” as Chip Flory, AgriTalk host, put it. The industry turmoil follows recent statements ...

Aspen executive chairman and group CEO Mark Cloutier has urged the (re)insurance industry to seize what he described as an opportunity to “prevent the cycle falling off a cliff” by focusing on ...

Remember earlier this season when there was speculation that the Alabama Crimson Tide could look for a way out of Kalen DeBoer's contract? That feels like eons ago, as Alabama has won eight games in a ...

Goldman Sachs will make an investment into Excel that will make it a majority stakeholder, according to one person briefed on the deal. Michael M. Santiago / Getty Images Goldman Sachs has taken an ...

China’s consumer prices unexpectedly increased in October, as holidays during the month boosted travel, food and transport demand — a pick-up many economists saw likely as fleeting. The consumer price ...

Let’s be honest, it’s never easy to admit when we’re wrong. In our minds, we may have concluded that our actions were bad, but it’s not easy to say those words out loud. Men struggle with this often.