The remarks came as the Vatican is due to release a papal encyclical, or formal letter, on the issue. Cardinal Peter Turkson, who helped draft the encyclical, said the paper would be presented in the second half of June, two months before the pope is due to address the U.S. Congress and a United Nations meeting on sustainable development. "Our lives must become more...» Read More
CNBC's Michelle Caruso-Carbrera reports on whether recent comments from the Pope will make it harder for the Catholic Church to raise money from the wealthy.
Cardinal Timothy Dolan shares his views about the free markets after Pope Francis generated controversy over his comments about capitalism, reports CNBC's Michelle Caruso-Cabrera.
Amid a $180 million renovation of St. Patrick's Cathedral, Cardinal Timothy Dolan of the Archdiocese of New York sits down with CNBC's Michelle Caruso-Cabrera to discuss Pope Francis's remarks about capitalism.
CNBC's Herb Greenberg, Simon Hobbs, Seema Mody and CNBC contributor Greg Ip discuss Pope Francis' criticism on capitalism and high salaries.
CNBC.com Managing Editor Allen Wastler reports Obamacare deadline news, Pope Francis, and gold are the hottest topics among CNBC.com readers.
Pope Francis was named Time Magazine's 2013 person of the year. Rev. Robert A. Sirico, Action Institute president and co-founder, and Naomi Schaefer Riley, "Till Faith Do Us Part" author, discuss concern for the media's embrace of the Pope.
Discussing Pope Francis' economic message, with NBC News' Anne Thompson, and Father Matthew Carnes of Georgetown University. Thompson applauds the Pope's consistence with his message of economic justice.
R.R. Reno, First Things editor, and Michael Matheson Miller, PovertyCure director, discuss Pope Francis' take on free market capitalism.
CNBC's Eamon Javers reports on the Vatican's release of the Pope's apostolic exhortation, his first major piece of writing since becoming Pontiff, where Pope Francis is very critical of the excesses of capitalism.
A Reuters study found that Iran's Ayatollah Khamenei controls a massive financial empire built from property seizures from ordinary Iranians.
Pope Francis plunged headlong on Thursday into some of the most divisive issues in Catholicism — speaking expansively about fighting abortion, contraception and gay marriage.
Pope Francis already has distinguished himself from his predecessor with a more down-to-earth style, and he is now delighting the faithful by spontaneously calling people, the NYT reports.
Does Pope Francis have faith in free markets? Matthew Schmalz, College of the Holy Cross professor, provides perspective. "He's a Pope, he's not an economist, so I don't think we'll be hearing policy pronouncements from him," he says.
Pope Francis has made several critical comments on world economic issues. Analysts say he's issuing a warning over the future of free market thinking.
Thousands of young Catholics from around the world flocked to Rio's famed Copacabana beach on Tuesday to kick off a youth festival that will feature appearances by Pope Francis.
Thailand's Buddhism body said it is monitoring monks nationwide for any inappropriate behaviour. The Financial Times reports.
Hedge fund trader Doug Kass will quiz billionaire investor Warren Buffett at Berkshire Hathaway Inc's annual meeting in Omaha this Saturday.
China is struggling to get its estimated 100 million religious believers to banish superstitious beliefs.
Pope Francis, who has said he wants the Catholic Church to be a model of austerity and honesty, could restructure or even close the Vatican's scandal-ridden bank, Vatican sources say.
As Pope Francis assumes leadership of the world's 1.2 billion Catholics, he's got his work cut out for him on many fronts.