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Auction sales fall 6% in the first half, raising fears of an art market shift

6% slump in auction sales in H1 prompts art market speculation

Auction revenues declined by around 6% in the first half of the year compared with the same period last year, prompting fresh concerns about the global art market's strength. This occurs amid broader weakening in fine‑art sales, signaling a shift in collector behavior and challenging prevailing business models.Although major houses like Sotheby’s, Christie’s and Phillips continued to lead, their combined total slipped to just under $4 billion in H1 2025. Fine‑art auctions—the core of their business—dropped by approximately 10%. This signals a market that is either consolidating at a lower baseline or possibly entering a longer-term structural change.Although there was a…
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Graphic: Track grocery price trends

Graphic: Analyze grocery price trends

Over the past few years, grocery shopping has transformed from a routine errand into a financial balancing act for many households. Price changes across food categories have caused consumers to shift their buying habits, rethink priorities, and search for affordable alternatives. While prices often fluctuate due to predictable factors like seasons or supply chain costs, recent global events, economic pressures, and shifting demand have significantly disrupted this once-stable routine. Understanding grocery price trends not only helps with personal budgeting, but also reveals larger patterns in food systems and economic health.A change in consumer habitsInflation has left a noticeable impact on…
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Meta is shelling out big bucks to get ahead in AI. Here’s who it’s hiring

Meta invests millions in AI—check out its new team members

Meta is actively striving to establish its position in the fiercely competitive artificial intelligence sector, with a significant aspect of this approach focusing on significantly growing their workforce. As the need for advanced AI solutions grows across various fields, Meta is dedicating substantial resources to recruit leading researchers, developers, and engineers to bolster its standing.The organization, recognized for its wide-ranging network of social media platforms, intends to be a leading player in AI advancement. This goal has resulted in an extensive recruitment drive to attract individuals with extensive knowledge of large language models, machine learning systems, and the optimization of…
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Trade deal on US tariffs within reach, says EU, as 1 August deadline nears

US-EU trade agreement on tariffs nearly finalized before 1 August deadline

As we approach August 1, significant advancements seem to be occurring in the trade discussions between the United States and the European Union. Representatives from both parties have suggested that an agreement to address the enduring conflict over tariffs is nearly achievable. These negotiations, having stretched over several months, might eventually produce an outcome that alleviates economic strain and reshapes the dynamics of trade interactions across the Atlantic.En el centro de las conversaciones está el urgente asunto de los aranceles impuestos por los Estados Unidos a una serie de exportaciones de la UE. Estos gravámenes se implementaron inicialmente bajo políticas…
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S&P 500 notches record high close on optimism about trade deals

S&P 500 reaches record high close as trade deal prospects rise

The U.S. stock market marked a significant milestone as the S&P 500 index reached a record high close, driven largely by renewed confidence in international trade negotiations. Investor sentiment appeared to shift in a positive direction, bolstering major indices across the board and signaling a potentially stronger economic outlook as barriers to trade begin to ease.Este incremento se produjo cuando los mercados reaccionaron positivamente a señales de avance en varias discusiones comerciales globales importantes. Aunque los detalles de muchas de estas negociaciones siguen siendo confidenciales, la percepción general de estabilidad y el avance hacia compromisos han elevado la confianza de…
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