WASHINGTON, Jan 22 (Reuters) - The U.S. economy grew a bit faster than initially thought in the third quarter, the government said on Thursday, while corporate profits were also revised higher. Gross ...

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 ...

Instagram is introducing a new tool that lets you see and control your algorithm, starting with Reels, the company announced on Wednesday. The new tool, called “Your Algorithm,” lets you view the ...

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 ...

The original version of this story appeared in Quanta Magazine. If you want to solve a tricky problem, it often helps to get organized. You might, for example, break the problem into pieces and tackle ...

U.S. Q2 GDP growth, at an annual rate, was revised up to +3.8% Q/Q in its third estimate from the prior estimate of +3.3%, mainly from an increase in consumer spending, the Commerce Department's ...

Kelley Cotter has received funding from the National Science Foundation. Chinese tech giant ByteDance finalized its agreement to sell a majority stake in its video platform TikTok to a group of U.S.

The Bureau of Labor Statistics says the U.S. job market is much weaker than initially believed. More than 900,000 fewer jobs were added in 2024 and 2025 than previously reported. The BLS issues ...

The US jobs market in the year leading up to the spring was significantly weaker than previously thought — raising jitters about the overall health of the economy and all but sealing the case for the ...

The count of payroll jobs is likely to be 911,000 lower than previously thought after revisions are made, the Bureau of Labor Statistics said Tuesday. The agency, which has been under fire from ...

Preliminary annual revisions could add to political pressure on the agency that produces the data. Preliminary annual revisions by the Bureau of Labor Statistics show that 911,000 fewer jobs were ...

The US economy expanded in the second quarter at a slightly faster pace than initially estimated on a pickup in business investment and an outsize boost from trade. Inflation-adjusted gross domestic ...