CBX Daily 2/27/2025

Today, obesity drugs are all the rage, but let’s start with how for black expats, peace comes on a different stage…

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Peace Awaits Black Expats Who Leave The U.S. Behind 

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The American dream is slowly or rather quickly slipping away from many Black expats who once thought they'd get a sense of belonging, peace and tranquility by moving to the U.S. Most expats leave their home countries in search of greener pastures and being a new entrant into a new country only to face racism, new social and cultural environments can shape a person's sense of belonging and security. Racial inequality has always been there but it's about to get worse with companies having to scale back their DEI initiatives.

Anti-Obesity Drugs Continually Gaining Profits In A $44 Billion Market       

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Obesity stands as a significant public health issue in the United States, disproportionately affecting racial and ethnic minority communities. Approximately 71 million adults in the U.S., or one-third of the total adult population, were classified as obese. Particularly, the Black community bears the brunt of this health crisis as 49% of adults in this demographic qualify as obese. Over time, pharmaceutical companies have developed anti-obesity drugs, offering a glimmer of hope in a market that’s expected to reach $44 billion by 2030.

Black-Owned Brands Face A New Era With Target’s DEI Cutbacks      

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Target’s recent move to scale back its diversity, equity, and inclusion (DEI) initiatives could have unintended consequences for Black-owned brands, whose rapid growth and increasing influence in the market may be undermined by any perceived sales disruption. Black-owned businesses are a fast-growing segment in the retail industry, contributing significantly to the economy–$150 billion. Brand owners who retail their products at Target are urging their consumers not to abandon them at this time.

Tune-in Tuesdays!

The stock market is increasingly becoming volatile even for established companies that have performed well for years but are now on a downward trend. Is this a sign of looming economic trouble, or a new era of financial innovation?

A. "Changes" by Jeremih – The market is evolving and adapting to new forces. Whether these changes are positive or negative remains to be seen, but innovation and disruption often come with growing pains and uncertainty
B. "Creep" by TLC – The darker side of the market has been exposed, where unethical practices thrive, creating a system that doesn't always serve the greater good and pushes out those who don't conform
C. "Reckless" by Arin Ray – The volatility now highlights reckless financial innovation, and how financial markets often prioritize profits over stability and fairness

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 when it comes to women’s sports, most people agree to let the women ‘Run the World’.

AI-Charged Romance Is Increasing Love Scams     

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Valentine’s day may be world's love day but it has also become the ‘simp for you’ scammers who are ready to prey on victims looking for love. Dating websites and apps are rapidly evolving to meet growing consumer demand for new ways to make meaningful connections. Artificial intelligence has been at the forefront of reshaping the dating industry, but the tech has also opened the door to new threats which affect the population's wellbeing. Over the past five years, people have reported losing a staggering $1.3 billion to romance scams and confidence fraud - with $652 million in losses in 2023 alone.

Amazon's FBA Playbook Is Creating A New Wave Of Digital Entrepreneurs     

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Amazon (AMZN -0.89%) has grown from a direct retailer to a thriving marketplace with third-party sellers now bringing in 61% of its total sales. This creates opportunities for founders like Ron Earley, CEO of Greywolfe Investing, a wholesale automation company specializing in Fulfillment by Amazon (FBA) services. Thanks in part to the FBA business model Amazon's marketplace has seen incredible growth, with independent sellers hitting new revenue milestones garnering the attention of the next era of digital entrepreneurs and investors alike.

Vibes of the Week

It’s “Bad Bad News” for Black expats as they face racism in the U.S. Leon Bridges tells us more in our CBX Vibes!