I'm Sorry, But The Fed Has Run Out Of Road

Largest Winemaker In America Turns To Hard Liquor As Young People Drinking Less E. & J. Gallo Winery, the largest wine producer in the United States and the world by volume, has completed a major pivot into hard liquor. The family-owned giant finalized its acquisition of iconic Kentucky bourbon brand Four Roses from Japan’s Kirin Holdings in a deal valued at up to $775 million. The move comes as the U.S. wine industry grapples with steep declines in sales and a generational shift away from traditional wine - especially among...

A Social Media Ban For Minors Requires Data From Everyone Authored by Luke Nelson and Mike Campbell via The Epoch Times, In debating a social media ban for minors, it appears we face a choice between two perceived harms. One is the reported damage that social media is doing to the mental health of children and adolescents. The other is the normalization of mass age verification systems—most likely involving biometrics—that would apply to everyone, not just minors. This carries real risks of privacy invasion, data breaches, and future mission creep. There is little...

The Mamdani Grocery Grift: NYC Mayor Sells Taxpayers A Bill Of Goods On City-Run Stores Authored by Jonathan Turley, Last week, Mayor Zohran Mamdani’s short stint as a faux president ended with an embarrassing acknowledgment that he could not, as promised during his campaign, arrest Israeli Prime Minister Benjamin Netanyahu. So, this week, Mamdani the Grocer made a reappearance, with details on the five city-run grocery stores that he will open. But rather than deliver discount groceries, Mamdani is selling New Yorkers a bill of goods that will cost them millions. What Mamdani described...