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Yellen expects gradual pace for hikes but sees risk in delay
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen said Tuesday that the central bank still expects to raise interest rates gradually this year. But she said the Fed also recognizes the dangers of waiting too long to tighten credit....
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Ongoing construction work on St. Charbel Maronite Church in Doha, Qatar, in April 2024. / Credit: Father Charbel MhannaACI MENA, May 10, 2024 / 06:00 am (CNA).Construction is nearing completion on the St. Charbel Maronite Church in Doha, Qatar, with plans to open its doors to worshippers in 2025, coinciding with the Catholic Church's Jubilee Year, according to Father Charbel Mhanna from Qatar's Maronite parish.In an interview with ACI Mena, CNA's Arabic-language news partner, Mhanna explained that with a capacity of about 3,000 people, St. Charbel will be the country's largest church, open to all Catholics. Once completed, it will be Qatar's second Catholic church, joining the existing Church of Our Lady of the Rosary. While precise statistics on the Christian population in Qatar are lacking, Mhanna estimates there are close to 1 million Christians there, of which about 70% are Catholic. Approximately 12,000 belong to the Maronite rite, which is in full communion with the ...
Clockwise, from top left: Catholic actor Jonathan Roumie, Cardinal Stephen Chow of Hong Kong, Harrison Butker of the Kansas City Chiefs, and Father Mike Schmitz of Duluth, Minnesota, will address the Class of 2024. / Credits: Shane Anthony Sinclair/Getty Images; Edward Pentin/National Catholic Register; Benedictine College; and FOCUSNational Catholic Register, May 10, 2024 / 06:00 am (CNA).Commencement ceremonies are underway at the nation's Catholic colleges and universities, many of which are annually highlighted in the National Catholic Register's "Catholic Identity College Guide."Notable speakers include Cardinal Stephen Chow at Boston College on May 20 and "The Bible in a Year" and "The Catechism in a Year" podcast host Father Mike Schmitz, who serves as chaplain at the University of Minnesota-Duluth's Newman Center and who spoke to Ave Maria University's Class of 2024 on May 4. "Life takes courage ... because love takes courage. And every one of you is called to love, eve...
Rosary College logo. / Credit: Rosary CollegeCNA Staff, May 10, 2024 / 06:00 am (CNA).Author and Anglican convert Father Dwight Longenecker along with a number of Catholic scholars are launching the first Catholic college in South Carolina, a two-year liberal arts college set to open this fall.Rosary College will offer an associate of Catholic studies in integrated humanities degree, which can be transferred to a number of other universities. The college offers "an affordable, transferable credit for students who are either going on to a four-year Catholic college or those who are going into the workforce and/or trade school," Longenecker explained in a post on X. "Our focus is with our foundation on truth, beauty, and goodness, and in alignment with our primary value of Catholic identity," Mike Shick, founding president of Rosary College, told CNA in a phone call. "We want to ensure that we're in alignment with the magisterium of the holy, Catholic, and apostolic Church."...
