The Fly Or Die Commerce Report: Uganda’s Securities Exchange Launches Automatic Trading

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The Fly Or Die Commerce Report: How Much Money Do Banks Make From Fees?

According to Money magazine’s July 2015 issue, Americans pay $7 billion annually on basic bank charges for things like “failing to meet minimum balance requirements and monthly account maintenance.” Americans also pay approximately $32 billion a year for overdraft fees. Tweet

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The Fly Or Die Commerce Report: What State Has The Most New Businesses?

According to Money Magazine’s March 2015 issue, the following states are the top five states in the U.S. to have an emergence of new businesses. The results are adjusted according to population. 1) Montana 2) Alaska 3) South Dakota 4) California 5) Colorado I’m surprised New York, which is known as “The Empire State,” isn’t […]

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The Fly Or Die Commerce Report: Agflation Defined

According to Investopedia, agflation is: “An increase in the price of food that occurs as a result of increased demand from human consumption and use as an alternative energy resource. While the competitive nature of retail supermarkets allows some of the effects of agflation to be absorbed, the price increases that agflation causes are largely […]

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The Fly Or Die Commerce Report: What Americans Spend Their Money On

According to Money magazine, the Bureau of Labor Statistics states that Americans currently spend most of their money on housing and transportation. The Bureau of Labor Statistics breaks down the average percentage of annual spending as follows: 33% on housing 17% on transportation 13% on food 10% on retirement 10% on miscellaneous 7% on health […]

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The Fly Or Die Commerce Report: Rule 72

“There is a law called Rule 72 (72 divided by interest equals the number of years to double investment) which most people have never been taught. It’s also unfortunate that in America you can receive an elementary, high school and college education and never be taught Rule 72. If you earn 1% on your money, […]

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The Fly Or Die Commerce Report: $1.2 Trillion

According to Money Magazine, there is $1.2 trillion of U.S. currency currently in circulation. This is an increase of the 2003 figure of $690 billion. Tweet

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The Fly Or Die Commerce Report: “Air Pocket Stock” Defined

According to Investopedia: An Air Pocket Stock is: “A stock that experiences a sudden drop, similar to a plane hitting an air pocket. Air pocket stocks are usually the result of investors reacting to negative news…An air pocket stock isn’t necessarily in dire straits. More often than not, the abrupt, drop caused by disgruntled investors […]

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The Fly Or Die Commerce Report: The Billion Dollar Black Hair Care Industry Edition

While perusing an old issue (May 2008) of Ebony Magazine, I came across an interesting article. The article entitled, “Koreans Capitalize On Black Beauty’s Big Business” By: Adrienne P. Samuels discusses the billion dollar hair care business that is bolstered by Black dollars. According to the article, Black people spend “between an estimated $1.8 billion […]

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The Fly Or Die Commerce Report: Hyperinflation

Hyperinflation is a condition in which the rate of inflation is in an uncontrollable advancing state. When inflation exceeds several hundred or several thousand percentage points, hyperinflation is in effect, and a country’s money becomes greatly devalued. In this state, the price of goods also rise sky high, causing a currency’s purchasing power to plummet. […]

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