Economics

Taylor Swift's upcoming US tour of 52 concerts has all the ingredients of a post-Covid demand shock. Some resellers reportedly asked $40,000 or more for conc...

Robert Mazur is a former government agent who investigated drug-money laundering for the US Drug Enforcement Administration, the Internal Revenue Service intelligence division, and the Customs Service. While deep undercover in hot spots such as Florida, Colombia, and Panama, Mazur successfully infiltrated criminal rings and cartels, including Pablo Escobar's, by posing as a wealthy, mob-connected businessman. He helped manage the illicit fortunes of the Medellín and Cali cartels while gathering evidence that would lead to some of the largest money-laundering prosecutions in history.He speaks to Insider about how the cartels layer their assets, and move money via “smurfs”. He also covers the use of legitimate businesses, such as jewellery chains and mortgage brokerage companies.Mazur is the author of "The Infiltrator," which became a New York Times bestseller and inspired a 2016 film of the same title, starring Bryan Cranston (as Mazur) and John Leguizamo. Cranston is set to play Mazur again in the sequel currently in development, which is based on Mazur' second memoir, "The Betrayal.” Today, Mazur speaks and consults around the world through his company, KYC Solutions. For more information about Mazur's speaking, expert witness, and consulting services, visit:https://www.robertmazur.com/Read his latest memoir, "The Betrayal," about his second undercover operation on the inside of the Cali cartel:https://www.amazon.com/Betrayal-Story-Brush-Narcos-Launderers-ebook/dp/B095BKWD8LRead his first memoir, "The Infiltrator," about his time investigating the Medellín cartel:https://www.amazon.com/Infiltrator-Against-Biggest-Cartel-History/dp/031607752600:00- Introduction00:48 - Chapter 1 | Creating the Persona01:59 - Chapter 2 | Meeting the Cartel03:27 - Chapter 3 | The Market05:13 - Chapter 4 | Collecting the Cash07:15 - Chapter 5 | Making Payments09:43 - Chapter 6 | The Surveillance12:17 - Chapter 7 | The Banks15:13- Chapter 8 | The Middlemen16:20 - Chapter 9 | Breaking Cover17:57- Chapter 10 | The Aftermath19:39- Chapter 11 | The Future of Dirty MoneyMORE HOW CRIME WORKS VIDEOS:How Diamond Heists Actually Work | How Crime Works | Insiderhttps://www.youtube.com/watch?v=6Q8vxS0eZVoHow 8 Crimes Actually Work (From Bank Robbery to the New York Mafia)https://www.youtube.com/watch?v=6Jr6gpZ_x8wHow The Triads (Hong Kong Mafia) Actually Work | How Crime Works | Insiderhttps://www.youtube.com/watch?v=tzZF9krC34M------------------------------------------------------#insider #crime #moneyInsider is great journalism about what passionate people actually want to know. That’s everything from news to food, celebrity to science, politics to sports and all the rest. It’s smart. It’s fearless. It’s fun. We push the boundaries of digital storytelling. Our mission is to inform and inspire. Visit our homepage for the top stories of the day: https://www.insider.comInsider on Facebook: https://www.facebook.com/insiderInsider on Instagram: https://www.instagram.com/insiderInsider on Twitter: https://twitter.com/thisisinsiderInsider on Snapchat: https://www.snapchat.com/discover/Insider/2708030621Insider on TikTok: https://www.tiktok.com/@insiderHow Money Laundering Actually Works | How Crime Works | InsiderHow Money Laundering Actually Works | How Crime Works | Insider

Happy birthday to the genre that brought us “In Da Club” and “Shoop.”

Including topics that focus on money, gender, and geography, a recent paper reports what makes us more and less happy.

Leveraging the popularity of her Renaissance world tour, the "Crazy in Love" star is now selling “listening only” tickets.

The Pac-12’s demise is just the latest sign that conferences are choosing TV money and coast-to-coast competition over the regional rivalries that made college football great

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It might have more to do with the country’s political dysfunction than with its solvency.

The latest attempt to make a deal for the books giant, home to Stephen King and Colleen Hoover titles, bets on a suitor outside of "Big Five" publishing rivals.

Consumers have largely had their fill of “revenge spending” on big vacations and dining out, although wealthy travelers are still splurging on pricey trips abroad.

Test your knowledge of history by sorting eight events in chronological order.

Korean boy band BTS is a global music phenomenon. The group has millions of fans called A.R.M.Y., who happily support the group with their wallets. Today on the show, we dive deep into the economic impacts of BTS and what makes the group special.

The Kanye West and Adidas partnership may be over, but Adidas reports that the rapper’s shoes drew sales of $437 million in recent months.

The company’s warehouses, trucks and stores are regularly targeted by organized crime groups looking to steal and resell Air Jordans.

The midyear report from the Circle Album Chart shows that, for the first time, there is an increase in representation for both female K-pop acts and soloist sales.

YG Entertainment's TREASURE is the latest K-pop signing between Korea and U.S. labels with Columbia Records supporting "MOVE" by T5 and summer comeback album 'REBOOT.'

Growing one of northern Michigan's beloved fruits has become the pits, growers say.

The Current Population Survey Annual Social and Economic Supplement reports the official poverty rate in 2021 was 11.6%, not statistically different from 2020.

Twice as many parents will be buying used school supplies as did last year, reports Morning Consult.

But refinery operations are returning to normal and demand usually tapers off in August.

International travel is so back.

How early is too early? The 4th of July was just a few weeks ago, yet some Iowa grocery stores are already offering spooky Halloween decorations and big bags of trick-or-treat candy. Professor Peggy Stover, who directs the University of Iowa’s Marketing Institute and spent 25 years in the grocery industry, says stores are looking […]

Kraft Heinz CEO said that despite declining volume and market-share losses, he doesn't believe prices were raised too much.

Today's practice of gas prices that end in 9/10th of a cent began in the 1930s.

Tax articles recently included many on developments at the IRS and tax advice and planning for retirement. We also take a look at inflation’s impact on tax brackets for 2023 taxes, and changes to some states’ income taxes. But we begin the update with a timely article given all of the huge lottery drawings this summer.   Lottery Winnings This might be a good hook during your tax unit—How much will a jackpot winner pay in taxes?

Learn which jobs are impacted by the SAG-AFTRA strike, which movies and TV shows have shut down and where actors can get help.

Americans have $23 billion they haven’t spent yet — nearly 1 in 2 people report having unused gift cards.

After years of cost overruns and delays, the new reactor is finally supplying carbon-free electricity.

Government incentives and deregulation have brought digital nomads, Airbnbs and ‘golden visas’ – but steep housing costs for locals

A quick update on an odd market dynamic that we spotlighted a couple of days ago ... median home prices for existing homes have officially surpassed that of new homes, Matt writes.