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It's Tune-in Tuesdays!
Today, Dick’s Sporting Goods plots to buy and grow its brand, but let’s start with how Trump has the rich stashing their wealth in a foreign land…
Cultural Intelligence Download
Trump Panic Has U.S. Millionaires Fleeing To Swiss Vaults
High-net worth individuals have had a busy year from seeking greener pastures and now, they're looking for new homes for their assets. Wealthy Americans are opening Swiss bank accounts due to fears related to the Trump administration's policies. If the government introduces capital controls, Swiss bank accounts or other offshore accounts become an option. Affluent individuals may attempt to diversify their assets and protect their wealth from potential devaluation or confiscation.
Dick’s Sporting Goods Acquires Foot Locker In A Monopoly Takeover
CBX Vibe: | Iconic sports goods retailer Dick’s Sporting Goods (DKS +0.21%) has announced plans to acquire its market rival Foot Locker (FL +0.11%) in a $2.4 billion deal as it seeks to expand its global footprint. It’s an ambitious move that certainly boosts Foot Locker’s profile in the market as well as giving Nike healthy competition from Dick’s revenue that’s already doing exceptionally well. In quarter 1 of the financial year 2025, revenue sales are already up 5.2%. |
The Unstoppable Growth Rate Of Latino-Owned Businesses In America
CBX Vibe: | In the vibrant tapestry of the U.S. economy, Latino-owned businesses have emerged as a dynamic and influential force. These entrepreneurs are creating businesses at over twice the rate of the general U.S. population, as their community necessitates high levels of innovation and ingenuity. New businesses owned by Latinos accounted for 36% of launches in 2024, according to a new analysis of Census Bureau data. |
Tune-in Tuesdays!
The U.S. says it's enforcing immigration law, but the raids feel less like justice and more like targeted disruption rather than fighting crime. Is the goal order, or intimidation cloaked in legality?
A. “Poor People Land” by Vybz Kartel – These raids aren’t about law, they’re about reminding the poor who’s really in charge
B. “Order” by Mallie Donn – It’s about time the U.S. took its power back and reclaimed its country by bringing back order by getting rid of undocumented immigrants
C. “Borders” by St. Beauty – Americans love the food, the culture, the music, just not the people who bring it
What are your thoughts on this? Tune in next Tuesday to see which jam captures the prevailing sentiment! |
Last week’s results are in and it seems people think visa appointments should have some ‘Rules’ for security
Dropping Pounds Thanks To The Falling Cost In Weight Loss Drugs
CBX Vibe: | If you no longer wish to hit the gym, weight loss drugs are now more accessible and affordable. But there's a catch. You'll have to cover the cost out of pocket. The price for Wegovy has gone down 23% for uninsured patients. And with 1 in 8 people living with obesity, this comes as a much welcome way out for people who want to avoid lifestyle diseases and shed off a couple of pounds faster. |
Why International Tourists Are Skipping The U.S. In 2025
CBX Vibe: | The allure of the United States as a top global destination is beginning to fade. New data shows that international visits to the U.S. fell by 14% in March 2025 compared to the same month in 2024. Tourists from Canada, Western Europe, Asia, and South America are staying away in growing numbers. Behind this trend lies a complex web of safety concerns, political unease, and travel-related red tape. |
Vibes of the Week
Trump turns up the “Heat” sending the elite abroad, as told by Rita Ora in our CBX Vibes! |