CBX Daily 1/22/2025

Author

Kori Hale
January 22, 2025

Today, HBCUs are uplifting their graduates financially, but let’s start with how LAMIK is reshaping the beauty industry intentionally…

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How LAMIK Is Refining The $580 Billion Beauty Industry

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Inclusive-owned beauty brands are more than just businesses; they are catalysts for change across the industry. Companies like LAMIK Beauty, and its clean products, have consistently been at the forefront of tech integration through focusing on underserved markets, with founder Kim Roxie pushing the industry to expand its horizons. By addressing gaps in representation, celebrating cultural authenticity, empowering communities, and driving innovation, this beauty brand is reshaping the sector into a more inclusive and equitable space.   

How HBCUs Are Financially Empowering Their Graduates  

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Historically Black Colleges and Universities (HBCUs) are more than educational institutions; they're catalysts for empowerment, shaping futures that gleam with promise. HBCUs with the highest payoff are leading the charge, with Hampton University, Spelman College and Xavier University of Louisiana. Embracing an HBCU education means embracing an opportunity to amplify Black graduates careers and income prospects.  

Exploring Black Americans' Quest For Homeownership Equity  

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While Black individuals constitute an average of 14% of the population in the nation's largest 50 cities, their homeownership rate stands at 10.15% in these areas. This roughly translates to heavy rental burdens for more than half of the Black residents. Black Americans homeownership has been on a declining trajectory compared to their White counterparts. This gap is so wide it could take centuries to close; in fact, 320 years is presumed.  

Tune-in Tuesdays!

Trump’s memecoins sent shockwaves in the digital currency world with a $7 billion explosion in it’s first day. Millions of supporters have already jumped on the bandwagon calling it a revolutionary moment, but some are skeptical. Will this frenzy lead to lasting value, or is it just another gimmick in the ever-changing world of digital currencies?

A. "All I Do Is Win" by DJ Khaled – Trump has been on a winning streak lately so as the memecoin’s value skyrockets, its backers are celebrating, convinced they’ve found the next big financial revolution
B. "Enjoy It While It Lasts" by Easy Wanderlings – The memecoin, just like most digital currencies is on it’s high. However, it is a very volatile market so anyone on the bandwagon should know it’s a wild ride and enjoy the moment
C. "Eye of the Tiger" by Survivor – The memecoin’s surge signals a fierce new competitor in the crypto world, with the potential for long-term growth and competition against Bitcoin. This could be the start of something powerful and relentless

What are your thoughts on this? Tune in next Tuesday to see which jam captures the prevailing sentiment!

A  |  B  |  C

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Last week’s results are in and it looks like the people are ready to fight back for their freedom so ‘Let’s Get It Started’.

Do Americans Need $200,000 A Year To Be Financially Comfortable?  

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“Financially comfortable,” the meaning is unreachable for many, especially when you consider Americans feel they need more than three times the median U.S. household income of about $71,000 a year to feel financially secure. A Bankrate survey found U.S. citizens want to earn over $200,000 a year to be financially comfortable. Considering the median household income for Black U.S. households in 2021 was $46,400 and more than 450,000 job cuts during the first half of 2023, the expectation of being financially secure feels out of reach for many.  

Weighing In On The $296 Billion Diet Industry  

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We live in obese world where diets have become trendy, they’re promoted everywhere, plastered right in your face. This industry of weight loss and weight management diet sector is expected to garner $295.3 billion by 2027, with people like you shelling out major coins to drop a few pounds. Is eating healthy and subscribing to the diet lifestyle really worth it for your bank account and scale? 

Vibes of the Week

It may be “Treasure & Gold” for the beauty industry, as LAMIK weighs in. Busta Rhymes and YG Marley expound in our CBX Vibes!