One of the greatest challenges facing Pope Leo XIV is financial. He has inherited the Holy See’s chronic, 50 million to 60 ...

What's clear is that while the pope doesn't earn a salary in a traditional sense, he is paid a modest monthly stipend and has ...

The Vatican doesn’t tax its residents or issue bonds, and it's got a very big budget problem. It primarily finances the ...

The 69-year-old former Cardinal Robert Prevost, the first U.S. pope in history, has led around two dozen public events since ...

Can Pope Leo XIV solve the Vatican funding crisis? Here’s how the Holy See manages money - The Vatican doesn’t tax its ...

The Vatican Bank provides traditional banking services and oversees investments for institutions tied to the church. Last ...

Pope Leo, the new head of the Catholic Church, takes responsibility not just for 1.4 billion souls, but also for a complex ...

The new pope seems remarkably unflustered by his election, aware of the enormity of the change that has happened to him, but ...

Pope Leo XIV is entitled to a $33K monthly salary, but like his predecessor, he's unlikely to touch it—despite living in full luxury with all expenses covered by the Vatican.

The announcement signals that a controversial deal which gives both sides a say on episcopal appointments will continue China said it was willing to promote better relations with the Vatican after the ...