The Bjerksund-Stensland model is a key method for pricing American options. It helps investors determine optimal times for exercising options with dividends considered.

Scientists at Hopkins, University of Florida simulate and predict human behavior during wildfire evacuation, allowing for improved planning and safety ...

Researchers at the Department of Energy's Oak Ridge National Laboratory have developed a deep learning algorithm that ...

New simulations reveal that both H1N1 and COVID-19 spread across U.S. cities in a matter of weeks, often before officials realized what was happening. Major travel hubs helped drive rapid nationwide ...

Artificial Intelligence is everywhere, from shopping assistants on Amazon, to replacing search engines like Google. While ChatGPT might make it easy to put together a shopping list or travel plans, it ...

Banks are pouring billions into AI, reshaping jobs, culture, and power on Wall Street. Generative AI is changing how jobs get done— from junior bankers to developers. Here's everything we know about ...

President Donald Trump has repeatedly signaled he is open to invoking the Insurrection Act, a law from 1807 that allows the president to deploy the military in the United States. In October, Trump ...