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Pope to Bankers: Promote Life, Solidarity, Subsidiarity and the Common Good Watch

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In the midst of challenging economic times, Catholics have a vital role to play in bringing the values which humanize banking to ... continue reading


Heralding the death of the Euro?

Image of The euro might be at an end, despite what the politicians and optimists say.

When it comes to news about the European economy, a pendulum is on the swing. And while the European economy has its good days and its bad ... continue reading



Near bankrupt Postal Service to announce cuts Monday

Image of Postal Service expected to save billions through deep cuts.

On Monday, the US Postal Service is expected to announce more than $3 billion in cuts that everyone will be sure to notice. The cuts are ... continue reading


Stocks likely down for the next month - worst week since 1932

Image of A trader doesn't like what he sees during Friday's session.

Stocks were down on Friday following the Thanksgiving holiday. Despite what seems to be good news from the retail sector, investors are ... continue reading


Whitman lowers HP expectations

Image of Whitman has stressed that HP will grow slowly in the year to come.

HP CEO Meg Whitman lowered expectations for her company as she delivered news about HP's performance and future, following that company's ... continue reading


Warren Buffett goes on $24 billion shopping spree

Image of Warren Buffett has just gone on a very expensive, yet profitable shopping spree.

According to regulatory filings, Warren Buffett went on a $24 billion buying spree in the third quarter of 2011. LOS ANGELES, CA (Catholic ... continue reading



Yet more bad news for the unemployed

Image of An unemployed woman protests for the extension of unemployment benefits. The future remains bleak for the long-term unemployed as their skills become outdated.

So many Americans have been unemployed for so long that they have run out of their benefits. According to government statistics, 75 percent ... continue reading


Banks hemorrhaging angry customers, credit unions benefit

Image of Credit unions are benefiting from the big bank's PR mistakes

Bank of America's announcement that they would be dropping their notorious $5 per month debit card fees has come too late for many ... continue reading


Occupy Oakland shuts down one of nation's busiest ports

Image of A OWS produced graphic promoting the march to close the port on November 2.

Thousands of protesters affiliated with Occupy Wall Street shut down the Port of Oakland, California on Wednesday. After spending the day ... continue reading


Gov't foreclosure relief being done by--the foreclosers

Image of The foreclosure review process has been started by the Office of the Comptroller of the Currency, but the reviewers have been selected by the foreclosers themselves.

Approximately 4.5 million American consumers will be happy to see that the federal government has started its foreclosure review process. ... continue reading


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