"These leadership changes create a sharpened structure to build upon our strengths for continued growth, enhance our customer focus and deliver even greater value for those we serve," Chairman and CEO David M. Cordani said.
Among the ripple effects is the potential for an overhaul of the federal student loan system for borrowers; the department oversees federal loans held by roughly 43 million Americans — or about 1 in 6 US adults.
Feeling stuck in your business growth? Dave Toeben, President of Insight Insurance Services, shares how diversifying your practice can lead to smarter scaling
Some employers see "stay-or-pay" contract terms as a way to keep workers on the job longer at a time when traditional noncompete clauses are falling out of favor, said Jonathan Harris, a law professor who studies such agreements.
The nation’s collective credit card debt expanded to $1.35 trillion in 2024, after U.S. consumers added $74 billion in credit card debt during the year.