The functionality of Large Language Model (LLM) agents is primarily determined by two capabilities: action planning and answer summarization. The former, action planning, is the core capability that dictates an agent’s performance. However, prevailing training paradigms employ end-to-end, multi-objective optimization that jointly trains both capabilities. This paradigm faces two critical challenges: imbalanced optimization objective allocation and scarcity of verifiable data, making it difficult to enhance the agent’s planning capability. To address these challenges, we propose Reinforcement Learning with Tool-use Rewards (RLTR), a novel framework that decouples the training process to enable a focused, single-objective optimization of the planning module. Crucially, RLTR introduces a reward signal based on tool-use completeness to directly evaluate the quality of tool invocation sequences. This method offers a more direct and reliable training signal than assessing the final response content, thereby obviating the need for verifiable data. Our experiments demonstrate that RLTR achieves an 8%–12% improvement in planning performance compared to end-to-end baselines. Moreover, this enhanced planning capability, in turn, translates to a 5%–6% increase in the final response quality of the overall agent system.

Evaluating the factuality of long-form generations from Large Language Models (LLMs) remains challenging due to accuracy issues and costly human assessment. Prior evaluation pipelines attempt this by decomposing text into claims, searching for evidence, and verifying claims, but suffer from critical drawbacks: (1) inefficiency due to complex pipeline components unsuitable for long LLM outputs, and (2) ineffectiveness stemming from inaccurate claim sets and insufficient evidence collection of one-line SERP snippets. To address these limitations, we adapt the existing decompose-then-verify evaluation framework and propose **FaStFact**, a fast and strong evaluation pipeline that achieves the highest alignment with human evaluation and efficiency among existing baselines. FaStFact first employs chunk-level claim extraction integrated with confidence-based pre-verification, significantly reducing the cost of web searching and inference calling while ensuring reliability. For searching and verification, it gathers document-level evidence from crawled website pages for retrieval during verification, addressing the evidence insufficiency problem in previous pipelines. Extensive experiments based on an aggregated and manually annotated benchmark demonstrate the reliability of FaStFact in both efficiently and effectively evaluating the factuality of long-form LLM generations. We submit the paper with code and benchmark, and will make them publicly available to facilitate research.

Finding interpretable factors for stock returns is the most vital issue in the empirical asset pricing domain. As data-driven methods, existing factor mining models can be categorized into symbol-based and neural-based models. Symbol-based models are interpretable but inefficient, while neural-based approaches are efficient but lack interpretability. Hence, mining interpretable factors effectively presents a significant challenge. Inspired by the success of Large Language Models (LLMs) in various tasks, we propose a FActor Mining Agent (FAMA) model that enables LLMs to integrate the strengths of both neural and symbolic models for factor mining. In this paper, FAMA consists of two main components: Cross-Sample Selection (CSS) and Chain-of-Experience (CoE). CSS addresses the homogeneity challenges in LLMs during factor mining by assimilating diverse factors as in-context samples, whereas CoE enables LLMs to leverage past successful mining experiences, expediting the mining of effective factors. Experimental evaluations on real-world stock market data demonstrate the effectiveness of our approach by surpassing the SOTA RankIC by 0.006 and RankICIR by 0.105 in predicting S&P 500 returns. Furthermore, the investment simulation shows that our model can achieve superior performance with an annualized return of 38.4% and a Sharpe ratio of 667.2%.