Sotheby’s Down Bad With Auction Giant Posting Big Losses
Summary Sotheby’s revenue dropped nearly 20 percent in 2024, posting a $248 million USD pre-tax loss as the art market slowed The auction house secured a $909 million investment from ...
Tag: reports
The Slow Death of the Contemporary Art Gallery
The contemporary art gallery as we know it is dying. In cities like New York and Los Angeles, dedicated spaces that once buzzed with foot traffic and formal openings are ...
Workplace violence is on the rise in the US, new study reveals
Workplace violence in the US is on the rise this year, a troubling new study found. One in three employees surveyed said they’d witnessed physical altercations in the workplace in ...
Secret Service’s most egregious failures revealed in damning reports on Trump’s attempted assassination
The Secret Service was woefully underprepared when a gunman opened fire on President Trump in Butler, Pennsylvania last July — with major breakdowns in the communication of threats, in adequate ...
Young Asian Artists Are Facing a Market Slowdown
Summary Auction sales for ’90s-born Asian artists have dropped significantly Average prices down 26 percent to $13,905 USD per work Auction sales for young Asian artists born in the 1990s ...
NY has most dangerous public transit in America — but California tops the most deaths, data shows
New York state’s public transit is the most dangerous in the US, a new analysis found. Between 2021 and 2023, mass transit in the Empire State saw 23 deaths, 1,641 ...
