CBX Daily 12/18/2025

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CultureBanx Team
December 18, 2025

Today, Leveling the Unequal Playing Field in Homeownership… but first, why Millennials ditched the money phone for tap-to-pay life.

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Why Are Millennials Replacing The Money Phone With Mobile Payments?

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The money phone is soon to be a relic of the past as more millennials look to their smartphones as the primary means of making financial transactions. Peer-to-Peer (P2P) mobile payments have been dominating the U.S. mobile payment market with transaction value expected to reach $18.8 trillion by 2030. With Pew Trusts finding that 14% of Black people made a mobile payment, what are banks and financial technology companies going to have to do to respond to the needs of this coveted group of consumers?

Levelling The Unequal Playing Field In Homeownership

Among the list of things in the American dream, homeownership stands as a significant milestone. However, the path to this dream is uneven, with Black and Hispanic homeowners often facing higher hurdles. Historically, systemic barriers and discriminatory practices have contributed to the unequal playing field in homeownership for Blacks and Hispanics.

Udonis Haslem Becomes Latest NBA Star to Settle FTX Crypto Lawsuit With Shaq

Three-time NBA champion Undonis Haslem settled out of the ongoing FTX litigation. He joins former Miami Heat teammate Shaquille O’Neal, who may have dominated on the basketball court, but his off-court moves in crypto haven’t aged quite as gracefully. The NBA Hall of Famer previously agreed to a $1.8 million settlement in a class action lawsuit over his role promoting FTX, the now-defunct cryptocurrency exchange. O’Neal and Haslem were among several high-profile athletes and celebrities caught in the crosshairs when the $32 billion company collapsed.

From Affordable to Aspirational: 233 Cities Now Have $1 Million ‘Starter’ Homes”

First-time home buyers are starting from the bottom, and still there, due to staggering costs for starter homes across the country. There are now 233 cities where a so-called starter home carries a price tag of $1 million, a crippling figure for entry level buyers who already have to scrimp and save in a volatile economy to keep up with housing costs.

Art Collectors Trimming Their Colourful Portfolios Amid The Shifting Market

Art collectors are adjusting their investment strategies downwards because of the unpredictable and ongoing economic changes. 2023 saw them slash their investment portfolios to 19% from 24% in 2022. This takes a toll on the already declining Black artists’ representation in global auction sales which currently stands at at 1.9% from 2008 to mid-2022.

Keep your week with a lighter feel and a clearer edge, as “Fly” by Tone Stith sets the mood.

It’s smooth, steady, and quietly motivating. One of those tracks that shifts your headspace before you even clock it.

Press play, settle in, and let this week’s CBX Vibe carry the momentum exactly where it’s meant to go.