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Regulators propose huge overhaul of debt collection industry
NEW YORK (AP) -- The Consumer Financial Protection Bureau proposed a massive overhaul of the multibillion dollar debt-collection industry on Thursday, which would restrict collectors from calling numerous times a day, require them to have more documentation on what's owed, and give people more ability to dispute their bills....
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Students participating in the CEDE workshop for St. John's College High School gather for a group photo at the basilica at Catholic University of America in Washington, D.C., in November 2022. / Credit: Photo courtesy of CUACNA Staff, Apr 20, 2024 / 06:00 am (CNA).When Luke Burgis moved to Silicon Valley to start a business, he never expected he would become a seminarian and then go on to launch entrepreneurship programs for Catholic students. Burgis had attended NYU, worked on Wall Street, started several businesses in Silicon Valley, and moved to Las Vegas before deciding he wanted more meaning in his life. With the encouragement of a friend, he rekindled his Catholic faith. After five years in seminary, he ultimately discerned he would not become a priest, but he still found himself in need of deeper meaning in his work.So he founded Catholic Entrepreneurship and Design Experience (CEDE, pronounced "seed") in 2020 to help students across the country connect their w...
null / Credit: Peter Hermes Furian via ShutterstockACI Prensa Staff, Apr 19, 2024 / 15:00 pm (CNA).The pontifical foundation Aid to the Church in Need (ACN) on April 19 condemned the kidnapping and murder of a catechist in Burkina Faso, West Africa.In a news brief, ACN informed ACI Prensa, CNA's Spanish-language news partner, that catechist Edouard Yougbare was kidnapped on Thursday night by "terrorists, and his lifeless body was found near Zigni this morning."According to other local sources, along with Yougbare, who was a member of Saatenga parish in Fada Gourma, Burkina Faso, more people were kidnapped and murdered."We are heartbroken by the loss of Yougbare. He served his community faithfully and his death is a devastating blow for the people of Saatenga," lamented Spaniard María Lozano, press and public relations director of ACN International."Catechists in Burkina Faso are on the front lines, risking their lives for the good of their people. Just two months ago, ano...
Pope Francis addresses the faithful at his Wednesday general audience on March 27, 2024. / Credit: Vatican MediaVatican City, Apr 19, 2024 / 10:07 am (CNA).In the latest move in Pope Francis' reform of the Vatican judiciary, the pope issued a new motu proprio on Friday on the retirement age and benefits for cardinal judges and magistrates in the Vatican's court system.The April 19 motu proprio states that Vatican magistrates will retire at the end of the judicial year in which they turn 75 and cardinal judges at the age of 80, unless Pope Francis asks them to remain in office beyond the age limit.Magistrates and judges who wish to resign from office before the retirement age can only do so with the approval of the pope.The pope also has the prerogative to dismiss magistrates unable to fulfill their duties at any time. Upon the termination of their duties, magistrates will retain the rights to assistance and welfare provided to Vatican citizens and employees.The motu proprio, wh...
