CBX Daily 1/31/2025

Author

Ariel Solomon
January 31, 2025

Today, comic book sales might slide due to new taxation, but let’s start with how Black Americans making bold transactions could shrink wealth stagnation…

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Are Riskier Transactions Narrowing The Investment Gap?

CBX Vibe

Black Americans have faced systematic exclusion from a number of American institutions, including investment opportunities, though that could be changing. The investment gap between Black and white Americans has recently narrowed, with higher stock market participation among young Black people under 40. In an effort to take back power, interest in investing has grown as this demographic has developed a propensity to take on riskier investments.

Tariff Terrors Could Rewrite The Comic Book Story  

CBX Vibe:

The comic industry is not having a great time and in perspective, each industry has its own share of woes. However, the comic industry can't seem to catch a break. Inflation has sent book prices on a spike and book sales on a downward spiral. To add salt to the injury, one of comics largest distributor for over three decades filed for bankruptcy which puts a dent on book sales even more. Now, the possible introduction of tariffs–7.5% rate to 100% could be the final nail on the coffin.   

Why 2025 May Be Bitcoin’s Biggest Year & Generate Wealth For All  

CBX Vibe:

If you'd told me a year ago that Bitcoin would skyrocket to $100,000 in 2024, I would've said that was wishful thinking, seeing as Bitcoin was hovering over $42,000 in December 2023. Yet here we are—celebrating a milestone that has people who are crypto natives and crypto curious anticipating what happens now. As a Black woman skeptical of traditional finance shutting us out, I find this era of cryptocurrency hype exciting yet cautiously hopeful. In real-time, we are finally seeing a tool that could level the financial playing field, especially for historically marginalized communities who deserve a chance at building wealth.   

Tune-in Tuesdays!

DEI programs are facing criticism from various sides. Some argue these programs are essential for creating fairer, more inclusive workplaces, while others believe they are being pushed for the sake of optics. With growing resistance, will companies double down on their DEI efforts, or will they scale back in response to the pushback?

A. "Bye Bye Bye" by NSYNC – Companies for DEI programs are just putting up a show and the veil has been lifted. There has been very little real change behind the scenes and it’s time to wrap it up
B. "Pressure" by Ari Lennox – As DEI programs face mounting pressure, companies are feeling the heat to either uphold their commitments or back down, navigating the delicate balance between inclusivity and the resistance they face
C. "Bout Time" by Earl Hondo – For many companies, the battle is just beginning, and they’re ready to declare that it’s their moment to defend DEI policies and push for lasting change

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 Trump’s meme coin has the ‘Eye of the Tiger’ and people have faith in it.

The Rock's UFL Expansion Signals Spring Football's Biggest Media Push  

CBX Vibe:

Entertainment giant Dwayne "The Rock" Johnson, Dany Garcia and RedBird Capital Partners have made the United Football League (UFL) a major player in the sports world. The UFL could be headed towards strong growth with its leagues expansion goals, alongside its mutually beneficial alliance with the NFL to test rules and technology that sets it apart. When you add in its impressive media deals with Fox, which previously owned the USFL, and ESPN, which had the XFL’s media rights, a new era in spring football is ready for kick off.   

The Impact Of Generative AI On The Racial Wealth Gap  

CBX Vibe:

Generative AI (Gen AI) has revolutionized industries such as media, healthcare, and finance. However, its rapid adoption poses significant risks for marginalized communities, particularly in worsening the racial wealth gap. Does this hold true? By 2045, the racial wealth gap between Black and White households is projected to widen by $45 billion annually due to Gen AI’s role in automating jobs and influencing wealth distribution.   

Vibes of the Week

Black Americans are taking risks with their transactions and getting the investment gap to be in “Slow motion.” Alessia Cara expounds on it in our CBX Vibes!