Rerum Novarum also had a profound influence on the Catholic Church itself. The document inaugurated what’s now known as ...

The Vatican doesn’t tax its residents or issue bonds, and it's got a very big budget problem. It primarily finances the Catholic Church’s central government through donations that have ...

Pope Leo XIV now faces the challenge of securing the necessary funds to steer the Vatican out of its financial difficulties.

And unlike many ... people there that would have loved to contribute to that and to the pontificate?” In the U.S., donation baskets are passed around at every Sunday Mass. Not so at the Vatican.

The new pope appears to be a big hit with visitors to the Vatican, yet he's not generating much headline news, despite his ...

They also point out that many Russian officials cannot even fly there due to Western restrictions. Sign up here. The Vatican has so far been silent in public on the idea raised by U.S. President ...

Musk’s time in the government is coming to a close, but what does that ... there have been some lawsuits and legal action taken to get things reversed. Many federal employees weren’t given ...

the remaining 10% are rented at reduced rents to Vatican employees. In 2023, these properties only generated 35 million euros ($39.9 million) in profit. Financial analysts have long identified ...

In fact, it's natural to wonder whether the pope, as many monastics ... Much Money Does the Catholic Church Actually Have?" Reuters. "Moving Back In: Pope Leo Expected to Live at Vatican's ...