MIT researchers developed a technique to assess prediction-validation methods and proved that two classical methods can be ...

Should you grab your umbrella before you walk out the door? Checking the weather forecast beforehand will only be helpful if that forecast is accurate.

The Federal Reserve’s record of forecasting has frequently led it to respond too late to changes in economic and financial conditions. Read more here.

While better than, say, a groundhog's prediction, long-term weather forecasting is hit and miss. Here are the best guesses ...

Like Punxsutawney Phil, French Creek Freddie has predicted the weather of 2025 on Groundhog Day. Freddie's forecast seemingly ...