CBX Daily 1/9/2024

Author

Sharetta McLaughlin
January 09, 2024

Today The Rock’s XFL merger gleams good tidings in spring football’s tv rights, but let’s start with how BNPL plans could be a win-win in smart spending and your credit score!!!

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Buy Now, Pay Later… Can It Help Raise People’s Credit Scores?

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With the rising cost of goods, people may feel that Buy Now Pay Later (BNPL) plans can help them buy products they need. Black (46%) and Hispanic/Latino (56%) communities have adopted using BNPL platforms at higher rates within the last year. Though most make their payments on time, the majority of people who use BNPL plans are in debt. Although these plans boast being able to help individuals raise their credit scores, many users do not access these plans for this feature.

The Rock’s XFL & USFL Merger Is Reshaping Spring Football’s Lucrative TV Rights

CBX Vibe:

Dwayne “The Rock” Johnson’s XFL and its rival spring football league USFL concluded their merger’s antitrust review process and are ready for kick off. This merger’s successful completion brings a new era in spring football with the joining of forces between Fox, which owns the USFL, and ESPN, which has the XFL’s media rights. As we await the new entity’s name, cities, and broadcast schedule, let’s delve into the implications of this development.

Why The Race Gap In U.S. Employment Is Fading For Workers 65+

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While progress has been made in closing the race gap in employment, there are still areas where disparities persist. One area of interest is the employment of workers aged 65 and over. In the last 10 years, the gap in the Black-white employment-to-population ratio, which measures the share of all employed workers out of the total working-age population, has diminished from 1.3 to 0.8 in this age group.

Are Workplace Disparities Causing Economic Hardships For Black Women?

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Who runs the world? Girls! While this is not exactly a secret, what’s happening behind-the-scenes shows that not all the girls are having fun. Black women are still not receiving their fair dues in compensation for running the world or the economy. Unfortunately, 71% of Black women say they live paycheck to paycheck, compared to 63% of the U.S. population. They also disproportionately fewer have health insurance coverage through an employer, retirement savings plans and paid sick leave. This is not a sustainable way of life for Black women in the workforce, especially since capitalism appears to profit from their pain.

Artificial Intelligence Is Leaping From Hype In 2023 To Utility In 2024 

CBX Vibe:

In 2023, artificial intelligence (AI) leapt from the realms of hype into the hands of real-world users, marking a new chapter in its evolution. This shift was catalyzed by advancements in generative AI, capturing the attention and capital of investors who envisioned a seismic change in our digital ecosystem.Bloomberg Intelligence projected an AI market boom from $40 billion in 2022 to $1.3 trillion by 2032, with the technology becoming the backbone of various sectors, from coding enhancements to infrastructure development. 

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Only “Good Intentions” for your financial ascension with the Buy Now Pay Later plans and 24kGoldn in our CBX Vibes!