Shichang Meng

Jianing Hao, Yuhe Wu, Yuanjian Xu et al.

Large language models (LLMs) hold great promise for business applications, yet business analysis remains inherently complex, demanding rigorous reasoning and the integration of diverse knowledge sources. Existing benchmarks typically target narrow tasks and thus leave a fundamental question unanswered: how can LLMs be reliably applied in business, and how are these applications grounded in underlying theoretical capabilities? To address this gap, we introduce BizCompass, a benchmark explicitly designed to connect theoretical foundations with practical business knowledge and applications. At the knowledge level, BizCompass covers four core domains--finance, economics, statistics, and operations management. At the application level, it structures tasks around three representative roles: the analyst, the trader, and the consultant. This dual-axis design not only exposes performance differences across realistic scenarios but also diagnoses which foundational capabilities enable or constrain success. We systematically evaluate both open-source and commercial LLMs, revealing how theoretical knowledge translates into practical performance in business. The results provide actionable insights for model selection and training optimization in real-world business contexts. All datasets and evaluation code are publicly released to support reproducibility and future research: https://bizcompass.dev.ypemc.com.

Yuanjian Xu, Anxian Liu, Jianing Hao et al.

Modeling large-scale time series has gained significant attention in recent years. However, its direct application in finance remains challenging due to substantial differences in data characteristics across domains. Specifically, financial systems feature inherent stochasticity and low signal-to-noise ratios, rendering traditional methods and pre-training approaches ineffective. This underscores the urgent need for a foundation model tailored to financial time series. To bridge this gap, we propose \textbf{LENS}, a pre-trained model for this domain. \textbf{LENS} effectively captures the complexity of financial stochastic systems through a carefully crafted model architecture and mitigates noise during pre-training by using an invertible embedding module. We provide a rigorous theoretical explanation of the model's effectiveness and validate its performance through extensive experiments. Pre-trained on a dataset comprising 100 billion financial observations, \textbf{LENS} achieves exceptional results across a wide range of critical downstream tasks. Moreover, our work offers practical insights into developing pre-trained time series models in high-noise environments, paving the way for further advancements in this pivotal research domain.

Sichun Luo, Yi Huang, Mukai Li et al.

Large language models (LLMs) are increasingly deployed as conversational assistants in open-domain, multi-turn settings, where users often provide incomplete or ambiguous information. However, existing LLM-focused clarification benchmarks primarily assume single-turn interactions or cooperative users, limiting their ability to evaluate clarification behavior in realistic settings. We introduce \textbf{ClarifyMT-Bench}, a benchmark for multi-turn clarification grounded in a five-dimensional ambiguity taxonomy and a set of six behaviorally diverse simulated user personas. Through a hybrid LLM-human pipeline, we construct 6,120 multi-turn dialogues capturing diverse ambiguity sources and interaction patterns. Evaluating ten representative LLMs uncovers a consistent under-clarification bias: LLMs tend to answer prematurely, and performance degrades as dialogue depth increases. To mitigate this, we propose \textbf{ClarifyAgent}, an agentic approach that decomposes clarification into perception, forecasting, tracking, and planning, substantially improving robustness across ambiguity conditions. ClarifyMT-Bench establishes a reproducible foundation for studying when LLMs should ask, when they should answer, and how to navigate ambiguity in real-world human-LLM interactions.