Posts in Economy
Can 'Super Mario' and Catholic Social Teaching rescue Italy's faltering economy?

(ANALYISIS) Italian economist Mario Draghi is forming a new government at the president’s request after a collapse of the ruling coalition over its handling of the pandemic. How will Catholic Social Teaching factor in helping lockdown-weary Italians — from business owners to the unemployed — achieve economic stability? The answer can be found in a 2013 speech.

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A Slightly More Transparent LDS Church One Year After News Of A $100 Billion Fund

Ensign Peak Advisors, the investment firm connected to the Church of Jesus Christ and Latter-Day Saints, started filing a quarterly 13F form on Feb. 14, 2010, with the Securities and Exchange Commission, which regulates publicly traded companies and other financial firms. Its initial filing revealed EPA had $38 billion in stocks and mutual funds at the end of 2019, including $1.5 billion in Apple and Microsoft. The firm had nearly $1 billion worth of shares in Amazon and Google’s parent company, Alphabet, as well.

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Religious voters to have a big say following contentious campaign

Americans cast their votes Tuesday to decide between giving President Trump another four-year term or whether to elect challenger Joe Biden.

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Religious tour operators hope for a better 2021 following coronavirus travel restrictions

Popular pilgrimage destinations like Jerusalem and Rome have seen a massive drop in religious travelers, especially during Passover, Easter and this past summer.

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'Catholic questions' ahead of the Biden-Trump presidential debate

(OPINION) The election season goes into hyperdrive with the first presidential debate between Donald Trump and his Democratic challenger Joe Biden that will take place Tuesday in Cleveland.

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Celebrating America: Why we honor Columbus and ignore Vespucci

(OPINION) As Italians gained in power, Columbus Day officially became a U.S. federal holiday starting in 1968. Amerigo Vespucci, however, is barely mentioned in American classrooms.

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Reporter Focuses Lens On The Spirit Of Moundsville, West Virginia

John Miller’s film with David Bernabo, titled “Moundsville,” is a biography of a small town along the Ohio River — from its beginnings with a 2,200-year-old Native American burial mound, its economic boom and bust times as dozens of factories arrived and disappeared, to the current age of Walmart, shale gas and new generations hoping to figure out a future for the small town. The documentary is currently streaming on PBS.

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Catholics divided by BLM ahead of 2020 elections

Progressive Catholics like Martin Gugino see it as their role to help the United States achieve racial equality. Traditional Catholics, however, see Black Lives Matter as part of a sinister force that wants to spread Marxist ideology. While Catholics agree that racism is an issue in American society, the proposed remedies for those ills differ wildly.

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Journalism cancels its moral voice: What does this mean for religion news?

(OPINION) Journalists needed to give readers both sides of a debate so that they had some chance to fully understood and assess what is happening. Otherwise, they’re only telling half the story. Right?

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Shuttered churches could fuel death of Catholic newspapers

(OPINION) Like secular news outlets, Catholic media also face financial hardships created by the pandemic. This is a trend that has, of course, affected all news media and across many other industries, such as hospitality and tourism to name just two.

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Class of COVID-19: 3 Commencement Addresses That Highlighted Faith

Like everything else that involves large gatherings, the global pandemic has forced many schools to either hold their ceremonies online or postpone them to a future date. For the colleges and universities that did decide to hold ceremonies this month, the topic of God wasn’t far from the minds of commencement speakers like actor Tom Hanks.

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How charities in the richest county in the U.S. cope with COVID-19

As COVID-19 locks people in their homes and has put others out of work, more people than ever are relying on charities, many faith-based, to fill basic needs. Tree of Life, based in Virginia, has seen a rise in demand from undocumented persons.

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With drop in offerings, evangelical churches brace for coronavirus impact

A recent poll found that two-thirds of evangelical pastors say their tithe incomes have fallen in the past two weeks, since the spread of coronavirus hit the U.S. Churches are responding with salary cuts, temporary layoffs and reorganizing budgets while filling food pantries for those stuck at home without work.

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We the people denied the right to attend church during a pandemic

(OPINION) During this pandemic, people will have to learn to do without rights that once seemed inherently given. Those include the right to assemble as millions of Americans are asked to shelter in place. What does that mean for freedom of religion?

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Aging Catholic priesthood risk health to comfort the faithful during pandemic

The main duties of a priest are to administer the church’s sacraments — which include baptism, confession and holy communion — while also visiting the sick and providing pastoral care to parishioners. How does all that work during the COVID-19 pandemic when most priests are in the high-risk age category for contracting the deadly virus?

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LDS Church Members Discuss Tithes And Alleged $100 Billion Stockpile

The whistleblower distanced himself from the public exposure of the case by his twin brother. After pointing reporters to its frequently asked questions about finances on Monday, The LDS Church published a statement on Tuesday and then posted three short videos to YouTube on Friday. And past and present members of the LDS Church discussed the allegations widely online as the story spread through traditional and social media. 

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Loyola University Law Professor Sam Brunson On Transparency in the Mormon Church

“The weird thing here, as you point out, is that it's a nonprofit, a supporting organization or an integrated auxiliary that is the investment fund. The problem with that, and the weird thing about that is that, generally speaking, to be tax exempt, you have to primarily pursue some particular tax-exempt purpose.”

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Whistleblower Alleges $100 Billion Secret Stockpile By Mormon Church

The 74-page document filed with the IRS and obtained by Religion Unplugged shows that Ensign Peak Advisors, Inc. saw owned assets under management grow to more than $100 billion from $10 billion in the past 22 years, fueled by a mix of investment strategy and tithe money from church members. The complaint may be the most important look at LDS finances in decades, a window into one of the wealthiest religious organizations in the United States and world.

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Dwindling donations to churches due to a variety of factors

(ANALYSIS) Americans continue to be generous — but churches and some faith-based groups have suffered the most these days when it comes to donations. A drop in donations to these non-profits would also have a global impact.

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What Joel Osteen's congregation had to say about Kanye

The rapper explained his newfound zeal for Christianity to the televangelist and Lakewood Church’s 45,000-member congregation and their online followers.

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