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Sheryl Sandberg Stepping Down as COO of Facebook Parent Meta Platforms – The Wall Street Journal

[ad_1] Sheryl Sandberg Stepping Down as COO of Facebook Parent Meta Platforms  The Wall Street Journal Sheryl Sandberg to leave Facebook parent company Meta this fall  Fox Business Meta COO Sheryl Sandberg leaving company in the fall  CNBC Television Opinion: Sheryl Sanderg left a terrible legacy. Good riddance and goodbye  Digital Nation Sheryl Sandberg to step down as COO of Facebook-parent Meta  CNN View Full Coverage on Google News [ad_2]

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Economy gathering momentum: GST mop-up past Rs 1.4 trillion in May too

[ad_1] Goods and services tax (GST) collections crossed Rs 1.4-trillion mark for the third month in a row in May 2022 and came in at the fourth-highest level since the launch of comprehensive consumption tax about five years ago. The continued buoyancy in GST receipts over the last few months denotes the economic momentum is not badly hit by the external headwinds. An expansion of the tax base, reduced evasion and the elevated price levels across commodities, raw materials and finished goods are also boosting the tax collections. According to the official data released on Wednesday, gross GST revenue in May 2022 rose 44% on year to about Rs 1.41 trillion. Continued buoyancy in GST collections for several months in a row would help allay the state governments’ concerns about a revenue shock they might have to deal with once a five-year revenue protection period ends on June 30. For the Centre, if the trend of higher-than-estimated mop-up is sustained, its share of GST revenues would be substantially higher than the budget estimate (BE) of Rs 6.6 trillion for FY23. GST collections accelerated even as consumption in the economy slowly recovered from the lows caused by the pandemic. Growth in private consumption expenditure slipped from 10.5% in Q1FY22 to 7.4% in Q3FY22 and further to 1.8% in Q4. A senior official recently told FE that gross GST revenues in FY23 may be Rs 1.3-1.35 trillion a month on average (about Rs 16 trillion in the year), which could mean the Centre’s FY23 GST revenues could be about Rs 60,000 crore more than the BE, after adjusting for cess collections which are to be used mainly to service the loans taken in the last two years to bridge the states’ revenue shortfall from protected levels in FY21 and FY22. The average monthly GST mop-up was Rs 1.23 trillion in FY22. The Budget FY23 has conservatively estimated average monthly GST collections in the year at Rs 1.2 trillion. Most of the large states, including Tamil Nadu, Maharashtra, Uttar Pradesh and Karnataka, reported 40-60% growth GST collections in May 2022. “The collection in May, which pertains to the returns for April, the first month of the financial year, has always been lesser than that in April, which pertains to the returns for March, the closing of the financial year. However, it is encouraging to see that even in the month of May 2022, the gross GST revenues have crossed the Rs 1.4 trillion mark,” the finance ministry said in a statement. 2/ Total number of e-way bills generated in April 2022 was 7.4 crore, 4% lower than in March 2022. During May, revenues from import of goods was 43% higher and the revenues from domestic transaction (including import of services) are 44% higher than the revenues from these sources during the same month last year. “The gross GST revenue collected in May is Rs 1,40,885 crore of which CGST is Rs 25,036 crore, SGST is Rs 32,001 crore, IGST is Rs 73,345 crore (including Rs 37,469 crore collected on import of goods) and cess is Rs 10,502 crore (including Rs 931 crore collected on import of goods),” the ministry said. [ad_2] Source link

Economy gathering momentum: GST mop-up past Rs 1.4 trillion in May too Read More »

HousingWire Magazine Supplement: June 2022

[ad_1] Tracey Velt Editorial Director, RealTrends, a HousingWire sister company. I’m sure you’ve all heard ad nauseam about the low housing inventory impacting the market. Despite that, the 2022 RealTrends top real estate brokerage firms did a record number of transaction sides in 2021 (our 2022 rankings are based on 2021 data). And, the top firms grew market share at record rates. The top four — Realogy Brokerage Group, HomeServices of America, Compass and eXp Realty — now have 20% market share in the U.S. These four brokerage companies did just over $20 billion in residential gross commission revenue, up from $14 billion in 2020, an increase of 43% in one year — and that’s just what four firms did! The RealTrends 500, now in its 35th year, remains the undisputed leader in ranking the performance of residential real estate services firms. Due to the requirement of independent verification, the RealTrends 500 is The Trusted Source for information about performance of these firms. In this special supplement to HousingWire magazine, separate from the rankings, are the 2022 RealTrends GameChangers. Each year, RealTrends announces its GameChangers — brokerage leaders who grew their brokerages dramatically over the past five years. Brokerages are chosen based on transaction side percentage growth between 2017-2021. GameChangers are broken down by independent brokerage firms and franchised brokerage firms. Spoiler alert: Compass had a whopping 2,025% growth in transaction side percentage. In the franchise category, No. 1 was Iowa-based brokerage RE/MAX Precision with 498% growth. Recognizing that realty services firms do more than broker housing transactions, we also emphasize the addition of core services, such as mortgage, title insurance, escrow, property/casualty insurance and other types of products related to the real estate process. Enjoy this special section of HousingWire magazine! If you want to check out the June 2021 HousingWire Magazine, go here. The post HousingWire Magazine Supplement: June 2022 appeared first on HousingWire. [ad_2] Source link

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13 Best Ways to Make Money While You Sleep

[ad_1] The post 13 Best Ways to Make Money While You Sleep appeared first on Millennial Money. Imagine kicking back in a chair, pouring a glass of lemonade, and watching the cash roll into your bank account. That’s the life, ain’t it?  It might sound impossible, but there are many ways to achieve this lifestyle. It’s just a matter of lining up the right opportunities and taking advantage of them.  With that in mind, here are 13 ways to make money in your sleep. Invest in the stock market Start a website, blog, or YouTube channel Start an e-commerce store through Amazon Podcast Writing Create an online courseLogo Design Invest in real estateInfographic Design Open a high-yield savings accountPhotoshop Editing Write a book Email Marketing Create an app Work in sales Buy a website  Rent out your car on Turo  Rent your house on Airbnb Ways to start making money without trying  1. Invest in the stock market  One of the best ways to earn passive income — or money you make without much heavy lifting — is by investing in the stock market through a taxable brokerage account or a tax-friendly retirement account. If you haven’t already done so, start by opening an account with a broker like Fidelity, Schwab, or TD Ameritrade.  You can make money by investing in individual stocks (e.g., Etsy, Shopify, or Palantir) or baskets of securities, like mutual funds, exchange-traded funds (ETFs), and index funds.  2. Start a website, blog, or YouTube channel Another great way to make money is by setting up your own online channels. For example, you could start a website, try your hand at blogging, or open a YouTube account. There are a few different ways to make money with online content. While each requires hard work, if you form a strategy and stick to it, you could eventually get to the point where you’ve unlocked a massive passive revenue stream. When managing a website or working as a blogger, you can make money by hosting targeted ads. This can be accomplished using Google AdSense or by working directly with companies and building custom advertisements — a better option for popular sites that generate a lot of traffic.  If you’re using a channel like YouTube, you can become an influencer and mix advertisements into your content. You might also be able to secure sponsorships. At the end of the day, this is the goal of many YouTubers. For example, if you have a cooking channel, you can use designer knives or kitchen appliances in your videos. Brands may pay you to be featured in your content — particularly if you have trending content and tons of subscribers.  3. Start an e-commerce store through Amazon  Amazon offers a variety of ways to launch an e-commerce business for recurring revenue.  One of the most popular ways is to launch a store on Amazon and sell your own products (Amazon FBA). You can also sell designs through Amazon Merch or Amazon Handmade. If you’re actively selling on Amazon, it could take some backend work.  However, selling certain services could produce passive income. Plus, Amazon provides significant value by offering a powerful online store and robust analytics tools.  4. Create an online course Another great way to earn passive income is by creating an online course that people can sign up for, download, and move through at their own pace. For example, you could teach a language, how to knit, or how to draw or paint. This is also a great option for musicians to teach music lessons. If you have a skill, share your knowledge on a site like Udemy or create your own WordPress website.  5. Invest in real estate Of all the asset classes to invest in, real estate is one of the most profitable — and the most stable.  There are a variety of ways to produce money in real estate. Generally speaking, there are two ways to do this. If your budget allows, you can buy direct residential and commercial properties and rent them to tenants. Or, if you don’t want the responsibility or hassle of dealing with a rental property, you can invest indirectly by purchasing real estate investment trusts (REITs).  This involves buying shares of real estate from companies that buy and sell commercial properties. REITs generate money when tenants pay rent — enabling shareholders to profit without having to deal with direct ownership. Another easy way to make money from real estate is through crowdfunding. Platforms like CrowdStreet connect investors to exclusive real estate properties they can invest in.  CrowdStreet With a CrowdStreet account, you will be able to invest in individual commercial real estate projects. You can also invest in a Portfolio of dozens of properties to diversify your holdings. Create Your Free Account Learn More: The Best Real Estate Side Hustles for Extra Income Passive Real Estate Investing: A Beginner’s Guide CrowdStreet Review: Commercial Real Estate Crowdfunding Platform 6. Open a high-yield savings account Interest rates today are on the rise. You could make a few dollars through a high-yield savings account (HYSA) if you have a large sum of money you can afford to park away.  Online banks offer HYSAs with higher interest rates than traditional banks. For example, at the time of this writing, American Express National Bank offers an HYSA with a variable 0.65% APY. So, if you started with a balance of $25,000, you’d make around $168 over the course of a year just by stashing your money with them.  7. Write a book  In the past, getting published as an author was very difficult. It required producing a manuscript, getting a meeting with a publisher, convincing them it’s worthy for print, and negotiating a contract. Countless authors over the years have struggled with the process, and many have gone unnoticed because of it.  Thanks to self-publishing services like Amazon Kindle Direct, this is no longer the case. Today, authors can easily bring their own works to market and sell them

13 Best Ways to Make Money While You Sleep Read More »

Linens & Hutch Reversible Down Alternative Comforter Sets as low as $28 shipped! (Reg. $130+)

[ad_1] Need a new comforter? This is a great deal on these highly rated Linens & Hutch Comforters! This popular deal is back and includes more options this time! (For those of you looking for the solid colors, they’re included in this sale!) Linens & Hutch is currently offering our readers a deal to get 72% off Patterned OR Solid Down Alternative Comforter Sets when you use the promo code MSMCOZY at checkout! Plus, shipping is free! Choose from the following sizes: Twin/TwinXL — As low as $28 shipped (Reg. $99.99) Full/Queen — As low as $32.20 shipped (Reg. $139.99) King/KingCal — As low as $33.60 shipped (Reg. $149.99) The designs of these comforters are SO pretty and this brand is great quality! This is a really rare deal on these. Valid through June 8, 2022. [ad_2] Source link

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Air India offers cash incentive, reduces eligibility age to encourage staff to voluntarily retire

[ad_1] In an apparent bid to encourage a significant section of its employees to voluntarily retire, Air India on Wednesday reduced the eligibility age from 55 to 40 and announced cash incentive. The Tata Group took control of Air India on January 27 after successfully winning the bid for the airline on October 8 last year.Since April, the airline’s chairman N Chandrasekaran has rejigged the top management of the airline, bringing in senior and middle-level executives who have worked in other companies of the Tata group such as Tata Steel and Vistara. In a communique sent to employees on Wednesday, the airline said that according to the existing regulations of Air India, permanent employees can avail voluntary retirement if they are of 55 years of age or more and they have worked in the carrier for 20 years. As an additional benefit, the carrier is reducing the age eligibility from 55 years to 40 years for cabin crew members who are in grades “S-3, S-5, S-7, E-0, E-1, E-2, E-3, E-4 and E-5”, clerical and allied staff who are in grades “S-2, S-5, S-6 and S-7” and unskilled employees who are in grades “S-1, S-2, S-3, S-4 and S-5”, it noted. “An ex-gratia amount will also be provided to the aforementioned employees, who apply for voluntary retirement from June 1, 2022 to July 31, 2022 as a one-time benefit,” it said. Also, employees who apply for voluntary retirement between June 1 and June 30 will also receive an additional incentive over and above the ex-gratia amount, it added. “The acceptance of your application for the above benefits and the date of release shall be subject to management’s discretion,” it stated. [ad_2] Source link

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2022 Rising Star Morgan Salama: The intersection of strategy and real estate 

[ad_1]  2022 HousingWire Rising Star Morgan Salama, pictured above, is portrayed on the cover of the June HousingWire Magazine issue. Photo credit: Chris Plavidal Strategy is the foundational element in building the future of the housing sector. And, if strategy is the foundation, we’d say that Morgan Salama is one of the key people building that foundation. First joining Realogy in 2017 under the company’s chief strategy officer, Salama, who now serves as the head of growth and partnerships her strengths in strategy and critical thinking to build partnerships and drive growth in the company. But what really stands out about Salama is how she, from a young age, has learned to always find the power in connecting with people — whether that’s learning what growing in your career looks like from her parents or even diving into a group think tank to brainstorm potential partnerships in the housing space. Salama met with the HousingWire team in Dallas to shoot the cover of this month’s magazine after being selected as a 2022 Rising Star, and during our time together, it was easy to see how she is capturing the attention of the housing industry as a force to be reckoned with. For her interview, she shared that the best piece of advice that she’s ever received is to “listen up close,” and it’s that same advice that we share with you as you read through this interview. HW: First off, congrats on being named a 2022 Rising Star. If you were standing on a stage giving an acceptance speech, who would you want to thank for helping you get where you are today? Morgan Salama: First, if there’s anything that I have learned in my career, it’s that nobody gets anywhere alone. Not even sort of, and that’s probably a cliché thing to say, but I truly believe it. I’d say the first two people I would have to thank who I would be almost nowhere without is first my friend and mentor, Eric Chesin, Realogy chief of strategy, who was my very first boss at Realogy and without fail has made me better and believes in me. He is such an amazing and intelligent person who has shaped my career.  I always joked that these two people make up my personal board of directors. The other is Kristin Aerts Bourgoin, who serves as vice president of strategy and integration at Realogy and who I worked with for like six or seven years now. She’s a close friend and a force of nature. Whenever I’m in a spot with my career, where I either don’t know what to do or I don’t know how to solve a problem, she’s one of the first people I call just to get that advice and perspective.  Of course, I have to thank my parents and my close friends, they’re really my family as well, because they have built this space for me to have such a joyous career. Learning from my parents from a very early age that work is something that you can get a lot of joy from, that numbers can bring joy, that it’s this great part of life, and not just this thing that you have to do, shaped who I am, and shaped my ability to understand workplaces. When everybody else was sort of just sitting in high school classes, I was always involved in their life.  HW: You’ve accomplished a lot in your career, and yet, I still think this is the beginning of even more for you. What would you say is your “why,” meaning what keeps you motivated and passionate in your field? Morgan Salama: I have a deep belief that kind of like hiking, living is a responsibility to leave things better than you found it. I think at work, and specifically working in an industry with such a responsibility to other people’s lives and livelihoods, I am motivated every day by the ability to have some small impact on other people’s experiences and housing and what it means to own something and to have a place where you belong. It motivates me. I am passionate about it, and it’s a huge part of the reason why I can wake up every day and be really excited to do this work.  The second part of my why I think people actually talk about a little bit less and that is the workplace side of it. I am very, very motivated by being a part of, in any way, making workplaces better. I think when people talk about impact in your career, you get so focused on customers that you forget that, especially at a large employer like Realogy. Thousands of people have 40 hours a week affected by what this workplace is like, and I’m very motivated by building positive, inclusive, funny and kind workplaces. And, I deeply believe that both make the customer impact bigger and is a big part of the footprint we all have on the world around us if you’re in any industry.  HW: What’s one of your proudest accomplishments so far in your career? Morgan Salama: I’d say the creation and building of the Realogy Leads Group a few years ago. I was really lucky to get to be a part of conversations with our CEO and business leaders about where we needed to focus strategically, and I got a chance to advocate and build a business case and be a part of the forming leadership team for Realogy Leads Group. The group is Realogy’s business unit that really focuses on the consumer and just on the consumer. But unlike a lot of folks out there that are just starting to focus on the consumer now, this Realogy Leads Group business unit was built on the back of 30 years of serving consumers directly and providing excellent experiences. I think by far, the fact that I was able to be a part of that conversation, be a part

2022 Rising Star Morgan Salama: The intersection of strategy and real estate  Read More »

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