CBX Daily 9/3/2025

Today, Lisa Cook’s lawsuit against Trump challenges his overreach, but let’s start with how investors are not excited about IPOs as much…

Now Playing:

Cultural Intelligence Download

Hype Around IPOs Grows But Smart Investors See Through It

CBX Vibe

The IPO market is back on stage, and Wall Street wants us to believe it’s the hottest ticket in town. Analysts forecast up to $50 billion raised from 160 new listings in 2025. But for Black and Brown investors, often the last ones allowed past the velvet rope, this comeback feels like déjà vu. Remember 2021? IPOs were hyped like the latest Jordan drop or Beyoncé tour date, with everyone scrambling to get in. But by the end of the year, 66% of those IPOs were trading below their offering price.

Monetary Policy Autonomy Tested in Lisa Cook’s Lawsuit Against Trump

CBX Vibe:

In a stunning and constitutionally fraught move this week, Federal Reserve Governor Lisa Cook, an esteemed economist and historic figure as the first Black woman to serve on the Fed’s Board was fired by President Donald Trump. She has announced legal action to block the President’s attempt to dismiss her. The bold lawsuit challenges not just the legality of her dismissal, but spotlights why women and diverse voices on the Board aren’t just symbolically important, they're vital to the nation's financial health.

The Real Reason Gen Z Is Embracing Portfolio Careers

CBX Vibe:

For decades, the default vision of a “career” looked a lot like a straight line: graduate, land a full-time job, climb the ladder, retire. But today’s young professionals are redrawing that picture entirely. Rather than anchoring themselves to one employer, many are building what’s known as a portfolio career: juggling multiple roles, projects, and clients simultaneously. The shift to portfolio careers isn’t about restlessness or side hustles. It’s about reimagining work in a way that values flexibility, autonomy, and personal convictions over traditional notions of job security. And it’s reshaping the workforce in real time.

From Beats To Blokchain: Can Hip-Hop Own Its Tech Future?

CBX Vibe:

Hip-hop has always been about ownership, hustle, and innovation. Now, as the music industry collides with blockchain technology, artists are diving headfirst into Web3 to reclaim power over their art and economics. From Nas selling royalty-backed NFTs to Snoop Dogg building in the metaverse, the culture is not just participating but leading the way.

Why Low-Income Consumers Bear the Brunt of Rising Tech Tariffs

CBX Vibe:

As tariffs drive up costs on imported tech from countries like China, low-income consumers in the U.S. are disproportionately affected. That smartphone that went up by $100? That’s not a minor inconvenience, it’s a barrier to access. Especially when devices are lifelines for education, healthcare, and entrepreneurship.

Vibes of the Week

Investors are not “Excited” about IPOs as they were before. Dvsn tells it in our CBX Vibes!