O'Meara Ferguson News

Year of Faith is Pope’s Response to ‘Profound Crisis’ Year of Faith is Pope’s Response to ‘Profound Crisis’

Catholic News Agency – By Benjamin Mann – January 27, 2012 Vatican City, Jan 27, 2012 / (CNA/EWTN News) – The upcoming 2012-2013 “Year of Faith” seeks to awaken humanity at a critical moment, Pope Benedict XVI said as he addressed the Church’s highest doctrinal office on Jan. 27. “In vast areas of the earth the faith risks being extinguished, like... » Full post


Moody’s Assigns A1 Initial Rating to Catholic Bishop of Chicago’s Private Placement Moody’s Assigns A1 Initial Rating to Catholic Bishop of Chicago’s Private Placement

Reuters – January 26, 2012 Jan 26 (Reuters) – Moody’s Investors Service has assigned an A1 initial rating to The Catholic Bishop of Chicago’s (IL) proposed private placement under exemption of 4(2) of Rule 144A of $151.5 million of Senior Unsecured Notes, Series 2012 to a limited number of qualified institutional buyers and accredited investors. Although... » Full post


Evangelization Can Never Be Just A Marginal Concern, Pope says Evangelization Can Never Be Just A Marginal Concern, Pope says

Catholic News Service – By Carol Glatz – January 25, 2012 VATICAN CITY (CNS) — Evangelization must never be a marginal concern for the church, Pope Benedict XVI said. From bishops to religious and the lay community, “All elements of the great mosaic of the church must feel themselves strongly called on by the Lord’s mandate to preach the Gospel,... » Full post


Cardinal Wuerl: Education a Key to the New Evangelization Cardinal Wuerl: Education a Key to the New Evangelization

Catholic News Service – By Francis X. Rocca – January 20, 2012 VATICAN CITY (CNS) — A day after Pope Benedict XVI warned visiting U.S. bishops about the threat of “radical secularism” to American moral values, Washington Cardinal Donald W. Wuerl reflected on the implications of the pope’s remarks, giving special emphasis to the role of Catholic... » Full post


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News of the Church

Days after HHS mandate, White House honors Catholic educators

Washington D.C., Jan 27, 2012 / 05:51 am (CNA).- Despite the White House’s recent effort to honor people committed to Catholic education, analysts are cautioning about seeing the gesture as an appre. […] » Full Post

Source: CNA Daily News - US |

Pittsburgh bishop: contraception mandate tells Catholics ‘To hell with you!’

Pittsburgh, Pa., Jan 27, 2012 / 03:15 am (CNA).- The new federal contraception mandate is “like a slap in the face” that says “To Hell with you!” to Catholics and religious freedom, Bishop Dav. […] » Full Post

Source: CNA Daily News - US |

Archbishop Dolan says Obama administration 'treats pregnancy as disease'

New York City, N.Y., Jan 27, 2012 / 12:45 am (CNA/EWTN News).- Cardinal-designate Timothy M. Dolan, head of the U.S. bishops' conference, says the Obama administration has revoked the religious freedo. […] » Full Post

Source: CNA Daily News - US |

Cardinal Wuerl thinks Church can win contraception fight

Rome, Italy, Jan 26, 2012 / 01:51 pm (CNA).- Cardinal Donald Wuerl of Washington, D.C. believes that the Church can win its fight against the Obama administration’s contraception mandate if it takes. […] » Full Post

Source: CNA Daily News - US |

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Business News

St. Joe Pares Back Florida Vision

St. Joe signaled that it is again scaling back its development plans in Florida, an indication that efforts to turn the state's Northern Gulf Coast into a cluster of luxury second-home communities hav. […] » Full Post

Source: WSJ.com: What's News US |

U.S. Raps 'Damaging' China Policies

U.S. Treasury Secretary Timothy Geithner sharply criticized China's state-led economic system, the latest salvo in an escalating trade conflict between the two countries. » Full Post

Source: WSJ.com: What's News US |

As Economy Posts Growth, Worry Lingers

The U.S. economy grew at its fastest pace in 18 months in the fourth quarter, but underlying weak demand pointed to slower growth in coming months. » Full Post

Source: WSJ.com: What's News US |

Athens, Creditors Close In on Debt Deal

—Greece and its private-sector creditors appeared to edge closer Friday to an agreement over a €100 billion ($131 billion) debt writedown on government bonds. » Full Post

Source: WSJ.com: What's News US |

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Market News

Dueling Ghosts of Past Economic Calamities

The IMF is clearly not satisfied with the current state of affairs in Europe. Not only has the global "agency" reduced growth forecasts across the board, it is predicting a global contraction absent c. […] » Full Post

Source: RealClearMarkets |

Fed's Pledge Cracks Dollar's Foundation

The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. With its announceme. […] » Full Post

Source: RealClearMarkets |

President Obama's Capital Gains Tax Envy

In his State of the Union Address Tuesday evening, President Obama repeated his call for tax increases on high income earners-even though some of these same tax increases failed to get through Congres. […] » Full Post

Source: RealClearMarkets |

How to Grow Jobs Without Growing the Deficit

Good news: economic activity is picking up. Not so good news: economic growth remains anemic and the pace of job creation too slow to make a meaningful dent in the unemployment rate. And there are pot. […] » Full Post

Source: RealClearMarkets |

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