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  • Vatican at risk of default due to plummeting donations: exposé

  • The Vatican is in need of salvation. Donations to the Catholic church have plummeted in wake of its pervasive clergy sex abuse scandal — so much so that it’s at risk of default by 2023, according to a new exposé. In 2006, the church raked in 101 million euros — or the equivalent of $112...
  • U.S. homebuilding retreats, manufacturing still struggling

  • U.S. homebuilding tumbled from more than a 12-year high in September, but single-family home construction rose for a fourth straight month, suggesting the housing market remains supported by lower mortgage rates even as the economy is slowing.
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