It's Tune-in Tuesdays!

Author

Sharetta McLaughlin
September 10, 2024

Today, women angel investors are paving the way, but let’s start with how rising costs are promoting BNPL every day…

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Will Buying Now, Paying Later Help Raise People’s Credit Scores?

CBX Vibe

With the rising cost of goods, people may feel that Buy Now Pay Later (BNPL) plans can help them buy products they need. Black (46%) and Hispanic/Latino (56%) communities have adopted using BNPL platforms at higher rates within the last year. Though most make their payments on time, the majority of people who use BNPL plans are in debt. Although these plans boast being able to help individuals raise their credit scores, many users do not access these plans for this feature. 

Female Angel Investors Are Rewriting The Venture Capital Playbook

CBX Vibe:

Amid the hurdles and slow rebound from the 2021 highs, a notable and steady expansion has occurred in one segment of the venture capital market: The involvement of female angel investors. Data from the University of New Hampshire's Center for Venture Research reveals that the presence of women in angel investing has been on a consistent upward trajectory over the past three years who now represent nearly 50% of the angel investing community. This indicates a major change in an area traditionally dominated by men.

The Role Of Black-Owned Sneaker Stores In  A $88 Billion Industry

CBX Vibe:

Black individuals consistently account for the share of America’s sneaker sales each year. However, Black retailers hardly profit from the industry’s increasing valuation that pulled in $88.9 billion in 2023, as a result of being boxed out of the sneaker market by traditional establishments.

Tune-in Tuesday

The UK financial waters are increasingly becoming tumultuous. With an all-time high inflation rate since 2022, is this a temporary storm or a new dawn?

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Tune-in Tuesdays!

The UK financial waters are increasingly becoming tumultuous. With an all-time high inflation rate since 2022, is this a temporary storm or a new dawn?

A. "Here Comes the Sun" by The Beatles – Is there hope for a brighter economic outlook?
B. "Stormy Weather" by Etta James – Are we bracing for continued financial turbulence?
C. "Don’t Stop Believin’" by Journey – Should we stay hopeful for recovery and stability?

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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Kanye Controversy Ends In Courtroom As Adidas Dodges Investor Lawsuit

CBX Vibe:

Adidas can enjoy a brief sigh of relief as Judge Karin Immergut has agreed to dismiss a lawsuit brought on by investors in a post-Yeezy sneaker universe. For years, rapper Kanye West had been making headlines for his erratic behavior and extreme remarks, ultimately leading Adidas to cut ties in 2022, following his anti-Semitic remarks. Investors claim that they were not effectively warned about West’s behavior before this occurred. The judge however, sided with Adidas, stating that Kanye West had exhibited such behavior for quite some time, and that Adidas did not 'mislead' investors.

Can A.I. Fin-Tech Strategies Close The Racial Wealth Gap?

CBX Vibe:

Leveraging A.I. driven financial tools has the potential to democratize access to wealth-building strategies and promote economic growth across communities. However, without careful consideration and regulation, these same technologies could exacerbate existing inequalities to closing the racial wealth gap. 

Vibes of the Week

Minority groups use BNPL in a bid to "Runnit Back" but that’s not exactly helpful, as LL Cool J lets us know it in our CBX Vibes!