Finance

(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 …

(OSV News) — As the U.S. recuperates from the unprecedented multiyear consequences of the COVID-19 pandemic — complicated by Russia’s war on Ukraine and lingering supply chain issues — fiscal …

WASHINGTON (OSV News) — A federal investigation on church-affiliated pension plans will probe a depleted pension fund that wiped out retirement plans for former employees of the now-shuttered St. Clare’s …