CBX Daily 9/20/2024

Author

Majella Mark
September 20, 2024

Today, coach Prime’s eyewear brand deal with Blenders shines bright, but let’s start with how Tulum may be the perfect spot for black businesses to take flight…

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Is Tulum, Mexico Becoming The Money Mecca For Black Expats?

CBX Vibe

Tulum, Mexico, is a paradise usually saturated on our Instagram feed with beautiful, mostly models and influencers showcasing their fun on beaches, in neutral beige-colored boutiques, and with rainbow-colored elixirs. Many don’t see the significant migration of Black expats seeking business opportunities in this Mexican utopia. In a country with nearly two million Afro-Mexicans, mostly in Guerrero, Oaxaca and Veracruz states, business opportunity abounds for Black people in the country.

Coach Prime Keeps Blenders Eyewear In The Spotlight

CBX Vibe:

Deion Sanders is not just a successful coach and when he's not on the field, he's out there influencing diverse admissions at colleges and making big bucks for companies. The proof in the pudding is with his Prime sunglasses collection with Blenders. Having Coach Prime on your team has proven to be a good business move. Just before their release, the Prime sunglasses collection attracted over 70,000 preorders and made $4.5 million in revenue.

Speeding Up Mortgage Processing With ClearCloser's Advanced AI

CBX Vibe:

In the world of finance, mortgage processing has long been a complex and time-consuming affair. However, artificial intelligence (AI) is revolutionizing how lenders, institutions and homebuyers are handling this once archaic process, by making it faster and more efficient. Companies like ClearCloser, an AI-driven mortgage processing platform, is leading the charge with its advanced data solutions tackling this long-standing problem.

Tune-in Tuesdays!

Ghana’s inflation seems to be on chill mode, cruising at a slower beat for the fourth month in July. Is this permanent or just a temporary reprieve?

A. ‘Chillin Like A Villain’ by Awkward Marina – The economy is settled but don’t get it twisted, it will hit back when least expected
B. ‘Don’t Worry, Be Happy’ by Bobby McFerrin – Enjoy the now because it’s what you have
C. ‘Smooth Operator’ by Yung Bleu - It’s been a long time coming but the dark days are now behind us

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 looks like it is a mix of storms, and resilience! 40% think it’s “Stormy Weather,” and another 40% won’t and “Don’t Stop Believin’

Love On Blockchain: Is The Future Of Marriage Digital?

CBX Vibe:

As we witness the rise of digital solutions across every industry, from finance to entertainment, it's no surprise that even the institution of marriage is being disrupted. Blockchain weddings—a concept once seen as futuristic—are growing in popularity. Since the first blockchain wedding was recorded in 2014, couples have been exploring the idea of immortalizing their union through blockchain technology. An Indian couple brought the trend back to life in 2021 by creating an Ethereum smart contract to seal their vows.

Art Collectors Trimming Their Colorful Portfolios Amid The Shifting Market

CBX Vibe:

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.

Vibes of the Week

Business opportunities for black people may be "More Than Enough" in Mexico, according to Jordin Sparks in our CBX Vibes!