Moody's Investors Service affirms the Chicago archdiocese's A1 rating on its privately placed Series 2012 and Series 2013 Unsecured Notes.
The Vatican's final figures for 2014 showed a continued budget deficit on the part of the Roman Curia and nearly double the profits brought in by entities such as the Vatican Museums.
A Catholic priest who worked at a Detroit high school was sentenced to 12 years in prison Tuesday after he pleaded guilty to transporting child porn to Chicago and admitted to sexually assaulting a former student.
Richard James Kurtz, 70, was a chemistry teacher years ago at the University of Detroit Jesuit High School in Detroit.
Kurtz, who was brought in the courtroom Tuesday shackled and handcuffed, read a statement before Judge Mark Goldsmith, saying he was “deeply sorry” for his actions.
One bishop reportedly shielded a priest accused of sexually molesting an 11-year-old boy, and the other spent $600,000 on renovations to his home and offices.
Every allegation of sex abuse or boundary violations should be presented to the diocesan review board, but the review boards don't always meet regularly.
Coal is not the only subject to give Catholic responsible investors pause. What about investing in companies that materially contribute to war? Or oil and gas? Or same-sex marriage?
We say: The church has made progress in addressing the sexual abuse scandal, but none of it happened voluntarily. All of it was forced by public pressure.
30 years later: The reports I did on clergy child molesters in the Lafayette, La., diocese changed my life in ways that reverberate still.
Lawyers want the Supreme Court to reconsider a ruling that the archdiocese's cemetery trust fund is not shielded in bankruptcy court.
30 years later: This dark side has always existed. In our era, it has been the catalyst for a complex, deeply rooted paradigm shift.