Presidential candidates comment on Vatican reform

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Financial regulation is not just for Wall Street. New rules are now in place at the Vatican for canonization, the process by which the Roman Catholic Church determines who should be declared a saint.  U.S presidential candidates have chimed in. More about their views in a minute.

U.S. News & World Report reported last week that Pope Francis imposed financial accountability regulations “on the Vatican’s multimillion-dollar saint-making machine.” The changes came after two books revealed abuses that were uncovered by ...

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The growing income gap

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Senator Bernie Sanders has been campaigning that he wants to close the income gap in America. Is there an income gap? Why should we care?

Last October, financial news and opinion company, 24/7 Wall St., reported that the gap between rich and poor “jumped dramatically” in the 1980s and has continued to grow. Between 1979 and 2011, wages for the wealthiest one percent of Americans more than doubled, while wages for the median U.S. worker increased just six percent. Nationwide, ...

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