Finance

(OSV News) — A Connecticut priest has been placed on administrative leave for allegedly misappropriating parish funds for personal use, with the priest denying the charges and the news prompting protests …

VATICAN CITY (CNS) — The Vatican City State’s chief prosecutor said he was satisfied with a British court ruling that said a now-convicted financier involved in the Vatican purchase of …

(OSV News) — Budgets, it has been said, are moral documents. By examining what they include and exclude — fund and don’t fund — the apparent priorities of their makers are …

(OSV News) — With several high-profile cases involving financial mismanagement by priests emerging in recent years, two researchers have found some surprising reasons behind clerical embezzlement — and, they told …

(OSV News) — A Brooklyn, New York, priest has been relieved of his duties as pastor after an investigation revealed he had transferred close to $2 million in parish funds …

Ever wonder why there is a worldwide feast for the Lateran Basilica in Rome? Every year on Nov. 9, the church celebrates the dedication of the Archbasilica of St. John …

(OSV News) — The Archdiocese of Los Angeles’ $880 million abuse claims settlement, announced Oct. 16, brings the total payouts of U.S. Catholic dioceses for abuse claims since 2004 to …

WARSAW, Poland (OSV News) — Father Michal Olszewski, priest of the Polish branch of the Priests of the Sacred Heart, was released from his detention center on bail Oct. 25 …

(OSV News) — At the height of COVID-19 pandemic, Catholic dioceses across America faced a struggle to keep employees on the payroll at shuttered offices and schools. With empty churches …

(OSV News) — In what is described as “the largest single investment” in prekindergarten-to-grade-12 Catholic education in history, the Dean and Barbara White Family Foundation is donating $150 million to …