Google’s Antitrust Loss Now Feels a Lot Like Winning

Published on September 5, 2025

Something close to the best-case scenario emerged for Google on Tuesday when a federal judge outlined its punishments for running an illegal search monopoly. The company will not be forced to sell its Chrome browser or Android operating system.

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Active Managers Aren’t Chasing the Tech Rally

September 5, 2025
The U.S. stock market continues to trade near all-time highs, with performance again concentrated in a handful of the largest, predominantly tech-oriented companies in the S&P 500 Index. Meanwhile, active managers are continuing to underperform.

No More Duty-Free Deliveries: How the De Minimis Rollback Fuels Inflation

September 5, 2025
This past week, we saw a sweeping change in U.S. trade policy come into effect with the termination of the long-standing “de minimis” exemption on small, imported parcels.