CBX Daily 5/29/2025

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CultureBanx Team
May 29, 2025

Today, automation is facilitating the rise of new devices, but let’s start with how tariffs are affecting sneaker prices…

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Are Tariffs Pricing Out Global Sneakerheads?

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If fashion is a language, sneakers are how many in the Black community speak. But a growing tariff war is making those expressions more expensive. With the U.S. imposing duties on imported footwear, especially from China where most sneakers are made. Consumers may soon feel the sting not just on their feet, but in their wallets to the tune of 30% tariff increase.

How Automation Powers Scalable Innovation

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Automation is not what it used to be a decade ago. Previously, it just meant offloading repetitive tasks to machines but in the ever evolving landscape of technology, it has become the cornerstone of achieving success in most businesses. Seeing the potential of automation, Realistic Computing CEO, Sequoia Ramsey, Simplicity IT CEO, Ameer Abdur-Razzaaq and Real Impact Technology CEO, Nyasha Tunduwani are at the forefront of ensuring organizations are embracing an 'automation-first' approach to future-proof their operations and scale efficiently for continued success.

There's A Confidence Deficit On The Economy & It's Personal

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Americans’ perceptions and emotions about the economy have tanked. U.S. consumer morale crashed to a score of 57.9 in March 2025 after falling 8% from earlier in the year, its lowest level since 2022. The University of Michigan’s Consumer Sentiment Index says more than that; there are doubts about the economy: It is a cultural barometer of escalating annoyance over inflation, political instability, and concerns about what lies ahead for American prosperity.

Tune-in Tuesdays!

It seems that Trump’s tariffs won’t bring back American manufacturing jobs and the reality sets in that protectionist policies just make headlines, not factories. Are voters still falling for the same broken promises dressed as patriotic plans?

A. “All Falls Down” by Kanye West ft. Syleena Johnson – Americans buy into the dream because it’s wrapped in pride, but under the surface, it’s all spin and sacrifice with no safety net when it breaks
B. “Déjà Vu” by Beyoncé – It’s the same script every election cycle and somehow, we’re expected to act surprised when the jobs never show up
C. “Money for Nothing” by Dire Straits – The promise of job resurgence is empty rhetoric because manufacturing doesn’t return, but the bill always does, and it’s the workers who foot it

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 it seems people think Black women ‘Can’t Sit With Us’ at the big table

Let's Eat: Blockchain And The Future Of Agriculture

CBX Vibe:

Agriculture has grown into a multi-trillion dollar industry. However, there are many challenges currently facing the sector and food security remains a global issue. The global market for blockchain in agriculture and food is projected to grow significantly, reaching a value of $9.7 billion by 2034, according to InsightAce Analytic. How big could the impact of blockchain become in overcoming the mounting problems and shape the future of agriculture? 

Why Ultra-Luxury Homes Are Sitting Too Long In The Market

CBX Vibe:

Demand at the top of the housing luxury market is dwindling with such properties taking up to 400% longer to sell. Of these homes, 12.5% of residences spent more than 600 days on the market and another 4% took more than 1,000 days to sell. And let's be honest, slow sales are time-consuming and could ultimately depreciate the longer they are in the market, Chad Roffers, CEO of Concierge Auctions says. 

Vibes of the Week

Are tariffs putting sneaker prices “Under Pressure?” Queen and David Bowie ask in our CBX Vibes!