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Illegal bookmaking, crypto scams and doing too much by cellphone — what being in the mafia is like in 2025
When it comes to career advice, no kid listens to their parents. That also goes for the offspring of mob bosses. Many send their kids to college attempting to get the new generation to “go straight,” but old ways are difficult to shed and family ties tough to outrun. And while the Gen Z mafia members aren’t out kneecapping people or threatening to make them “sleep with the fishes,” they’re not exactly sitting home watching “Goodfellas” for tips either. They’re indulging in high-tech crime, as recently made evident by a father and Gen Z son team alleged to be selling ghost guns — illegal, ... (full story)
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The office of the Swiss attorney general announced on Monday that it charged a compliance officer employed by the former bank Credit Suisse SA, now part of UBS SA, with money laundering. It also accused Credit Suisse and UBS of failing to prevent the alleged criminal activity "as a result of organisational deficiencies." The case is based on a transaction ...
Economic activity in the manufacturing sector contracted in November for the ninth consecutive month, following a two-month expansion preceded by 26 straight months of contraction, say the nation's supply executives in the latest ISM® Manufacturing PMI® Report. The report was issued today by Susan Spence, MBA, Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee. "The Manufacturing PMI® registered 48.2 percent in November, a 0.5-percentage point decrease compared to the reading of 48.7 percent in October. The overall economy continued in expansion for the 67th month after one month of contraction in April 2020. (A Manufacturing PMI® above 42.3 percent, over a period of time, generally indicates an expansion of the overall economy.) The New Orders Index contracted for a third straight month in November following one month of growth; the figure of 47.4 percent is 2 percentage points lower than the 49.4 percent recorded in October. The November reading of the Production Index (51.4 percent) is 3.2 percentage points higher than October's figure of 48.2 percent. The Prices Index remained in expansion (or 'increasing' territory), registering 58.5 percent, up 0.5 percentage point compared to the reading of 58 percent reported in October. The Backlog of Orders Index registered 44 percent, down 3.9 percentage points compared to the 47.9 percent recorded in October. The Employment Index registered 44 percent, down 2 percentage points from October's figure of 46 percent. US ISM Manufacturing Nov: 48.2 (est 49.0; prev 48.7) - Price Paid: 58.5 (est 57.5; prev 58.0) - New Orders: 47.4 (prev 49.4) - Employment: 44.0 (prev 46.0)
From cnbc.com | Dec 1, 2025
Bitcoin and Ethereum fell on Monday, as the recent sell-off in cryptocurrencies resumed. Bitcoin tumbled sharply and was last seen about $86,273.68 at around 7:30 a.m. in London on Monday, a slide of about 5.5%. Ethereum dropped more than 6.5% in early trade, to reach $2831.95. Solana had fallen almost 7.7%, and was last seen at $126.75, while other ...
