First-Time Homebuyer Guide | Bankrate

Mortgage

Key takeaways A first-time homebuyer is someone who has never owned a home or who has not owned a home in the last three years. Buying a new house involves many steps, from securing a…

Saks Global secures $500M deal and eyes Chapter 11 exit this summer

Markets

The parent company of luxury retailer Saks announced on Thursday that it entered into a restructuring agreement with its capital partners who committed to provide $500 million in financing when the company emerges from bankruptcy. Saks Global Enterprises filed for Chapter 11 bankruptcy protection in January after it missed a…

Retirement Planning for Doctors: Services and Examples

Retirement

Most physicians spend their 20s and early 30s in medical school and residency, which means their highest earning years tend to start later than those of other professionals. By the time doctors reach attending-level salaries, many are carrying significant student debt while also needing to make up ground on retirement…

Tax Planning for Dentists: Services and Examples

Taxes

Dentists tend to face a distinct set of tax considerations. Most earn high incomes, own practices that generate business deductions, and regularly purchase equipment — all of which can significantly affect their tax liability. Dental practices are also classified as specified service trades or businesses (SSTBs) under federal tax rules,…

March jobs report shows wage growth slows below expectations

News

American workers saw rising wages in March, though the increases were lighter than expected and represented a deceleration from the prior month’s readings. The Bureau of Labor Statistics on Friday released the March jobs report, which showed the U.S. economy added 178,000 jobs for the month – beating the expectations…