CBX Daily 11/1/2024

Author

Jeanette Brown
November 01, 2024

Today, spending on Halloween is rising fast, but let’s start with how low-income areas might be paying more for internet speeds that don’t last…

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Is Internet Service 400x Slower In Low Income Areas For The Same Price?

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Imagine waking up 45 days straight with no cellphone signal, Wi-Fi, or telephone service. This is a form of digital redlining, an underinvestment by internet providers in low-income communities resulting in plans with lower speeds at the same price. Specifically, AT&T was one of four internet providers found in 38 cities across America offering slower speeds for the same price as faster speeds, according to the Associated Press.

Trick Or Treat With Halloween Spending Set To Hit $11.6 Billion

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As the spookiest time of the year rolls around, a record-breaking celebratory spirit is taking hold nationwide. Americans are set to invest a staggering $11.6 billion on Halloween festivities this year, a bit of a dip from last year's $12.2 billion, according to recent projections from the National Retail Federation (NRF). A whopping 73% of Americans plan to hand out candy, ensuring that the tradition of trick-or-treating remains alive and well.

Banks Take A Backseat As Clients Are Now Calling The Shots

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Long data transfer processes when switching from one bank to another will no longer be the order of the day. Now, you can close one account in one bank and open another one in the same day with all your banking history transferred. With open banking now available in the U.S. you have the power to hire and fire your bank if they're not meeting your expectations. And with 58% of people in the U.S. showing dissatisfaction with their financial institutions, this could be a wake up call.

Tune-in Tuesdays!

Migrants have been fueling the U.S. job surge and contributed to the growing GDP. However, the elections could potentially affect their standing in the economy positively or negatively. What are your thoughts on this?

A. "We Take Care of Our Own" by Bruce Springsteen - Migrants contribute to the fabric of society and the economy, fueling job growth and innovation so whoever is president can’t afford to fumble them.
B. "Survivor" by Destiny's Child - Migrants are resilient in the face of adversity and will continue to thrive regardless of the circumstances.
C. "Getaway Car” by Taylor Swift - It’s every man for himself and whoever claims the seat has the power to empower or imperil the migrants.

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

A  |  B  |  C

Login or Subscribe to participate in polls.

Last week’s results are in and it looks like we’re all feeling that our ‘Privacy’ is at stake and slowly slipping from our hands.

Why More Cocoa Production Won’t Sweeten Chocolate Prices This Halloween

CBX Vibe:

The world’s appetite for chocolate remains insatiable, yet as West Africa increases cocoa production, consumers are unlikely to see a break in chocolate prices. Despite projections of West African cocoa farmers boosting production, prices per metric ton are expected to rise to $10,000 , driven by several complex factors that combine both business dynamics and cultural shifts.

2025 MET Gala's Economic Impact From Black Dandyism

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The 2025 MET Gala's theme, "Superfine: Tailoring Black Style," inspired by Monica L. Miller’s groundbreaking book, Slaves to Fashion: Black Dandyism and the Styling of Black Diasporic Identity, marks a pivotal moment for Black fashion, especially Black menswear. Dandyism is "a literary and artistic style of the latter part of the 19th century marked by artificiality and excessive refinement." This celebration of Black dandyism showcases the artistry and tenacity Black men displayed through style during the 18th and 19th centuries.

Vibes of the Week

Slower internet for the same price "Or What" for low income areas? NLE Choppa, 41, and Kyle Richh ask in our CBX Vibes!