A decades-old assumption underlies American antitrust law: that competing companies are run by rivals with opposing interests. A growing body of legal and economic scholarship—and now a federal lawsuit proceeding in Texas—is testing whether that assumption still holds when the same small group of asset managers ranks among the largest shareholders of nearly every major firm in an industry. At...

Democratic socialists scored a broad set of victories in New York’s June 23, 2026, primary elections, ousting two sitting members of Congress and expanding their bloc in the state legislature. The results have prompted competing explanations among political analysts, who disagree over whether the outcome reflects a genuine embrace of socialist policy, a shift in Democratic foreign-policy attitudes, or a...

When a witness before Congress declines to affirm something nearly every cardiologist in the country accepts, the moment tends to outlast the hearing. That is what happened June 25, 2026, when Gina Plata-Niño of the Food Research & Action Center (FRAC) repeatedly would not give a direct answer on whether sugary soda is healthy or whether taxpayers should fund it...