CBX Daily 2/14/2024

Author

Claire Moraa
February 14, 2024

Today diversity and inclusivity are synonymous in recruitment as remote work reigns supreme, but let’s start with how riding the crypto romance wave could be a recipe for financial ruin…

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Are Crypto Investments The New Swipe And Swindle Scheme?

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In our increasingly digital world, the search for love has shifted to online platforms and dating apps. However, this shift has also brought about a rise in crypto romance scams, leaving many individuals not only with a broken heart but also an empty bank account. Boomers are the most affected as the love swindlers go after their pension.

How Remote Work Is Enhancing Diversity Recruiting

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In the contemporary business world, diversity and inclusion have become more than just buzzwords. They are essential elements that contribute to the growth and success of an organization, as a recent Harvard study found that 6 of 10 jobs at large firms can be done remotely. With the advent of remote work, companies have a unique opportunity to enhance their diversity recruitment strategies. 

Middle-Class & Lower-Income Americans Steal The Show In Pandemic Wealth Surge

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The global pandemic has had a significant impact on the economic fabric of the world. However, an unexpected trend has emerged, where the wealth of middle-class and lower-income Americans grew at a faster rate than that of high earners during the early phases of the pandemic. This positive trend has not been universally shared, with Black and Hispanic families getting the shorter end of the stick. The wealth of White households exceeded 13 times more that of Black households in 2019.

Hip-Hop Artists Are Parting Ways With Their Multi-Million Dollar Music Catalogs

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It was once believed that rap and hip-hop would be a passing fad, yet those genres along with R&B have dominated the last decade of music, with people betting big on the future worth of nostalgia listening. More artists are jumping on the wave of parting ways with their catalogs including rapper Nelly’s recent $50 million deal for 50% of select assets, along with rapper Wiz Khalifa’s similar select asset deal both with HarborView. Is this a hip-hop business trend that’s likely to continue?

Generative AI’s $40 Billion Obstacle For Black Workers

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In the evolving world of Generative artificial intelligence (Gen AI), there's a rising concern that Black workers could potentially miss out on a colossal $40 billion chunk of the AI-created wealth. The advent of generative AI could unintentionally deepen the racial wealth divide, posing a significant risk to Black workers. This is a major cause for concern around the disproportionate impact the future of generative AI could have on Black communities and diverse employees. 

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