It's not just oil they talk about in the Middle East, these days. With millions of the region's dollars being spent in an explosion of art collecting, they could just as easily be talking about oil paintings.
When people think of Venice, three things come to mind: gondolas, art and sinking buildings. The watery city, a treasure trove of Renaissance art and architecture, is not normally associated with cutting-edge cool.
At seven o'clock on the opening day of London's premier contemporary art fair, Frieze, there was a scrum for champagne. People were celebrating.
Artwork that used to adorn the walls and halls of Lehman Brothers' offices in London is expected to fetch £2 million ($3.1 million) when it goes up for auction Wednesday.
CNN's Jim Boulden looks at an auction of art and other items that belonged to Lehman Brothers.
Prosecutors unveiled an additional money laundering charge Tuesday against New York lawyer Marc Dreier, now claiming he defrauded clients of nearly $700 million.
Fortune: My museum, myselfupdated: Thu Feb 05 2009 11:24:00
On the edge of Paris, on a site that once housed a decrepit municipal bowling alley, an opulent new museum is taking shape. Designed by Frank Gehry at a cost of more than $200 million, it is expected to be finished in two years, and will feature a giant auditorium and a permanent collection of modern and contemporary art, including works by Mark Rothko, Francis Bacon, Takashi Murakami, and Damien Hirst.
As you might expect, Miami's calendar of seasonal events makes the most of the Florida sunshine, but it also includes some top-notch cultural happenings.
Events in London's art world last weekend sent out contrasting signals as to the future of the global art market.
As Sotheby's wraps up a Hong Kong auction, contemporary Chinese artists appear to be among the Asian art world's first casualties of the global financial crisis
Plus, his formaldehyde sculpture The Golden Calf sold for $18.4M at Sotheby's auction
CNN's Atika Shubert takes a closer look at the works Damien Hirst is auctioning off through London's Sotheby's.
Damien Hirst is sending his work straight to auction, but will the risky move pay off? ITN's Nicholas Glass reports.
Forget those wedding reports – Beth Ostrosky says the big day is in October
The British Museum plans to display a statue of supermodel Kate Moss that it bills as the largest gold statue built since ancient Egypt.
Luxury these days is a tale of two markets: consumers continue to snap up high-priced Louis Vuitton bags even as they balk at paying full price for Coach handbags. The same can be said of demand for works of art.
Managing expenses on the road doesn't have to be a struggle, even in the most expensive city in the world. And what Oslo loses in costliness, it easily makes up with nature.
The stars came out on Valentine's night to spread the love – and the cash – for Bono's (RED) charity, and raised more than $42 million in an art auction to benefit the Global Fund of the United Nations Foundation, which works to fight AIDS in Africa.
Banksy is Britain's most wanted artist -- his art sells for hundreds of thousands of dollars, but he continues to use public spaces as his main canvas, while all the time keeping his identity a secret.
While contemporary works like Damien Hirst's $100 million diamond skull have dominated the headlines, a rare old master study by Peter Paul Rubens is quietly generating buzz among art collectors.
Minneapolis's exuberant Chambers Hotel is taking Midwestern design to a whole new level. T+L pays a visit.
To most people, the area underneath a chair or table or even the inside of a closet might be just empty space, but for artist Rachel Whiteread, it is what she has built her entire career on.
Caroline Wright, 24, a talented emerging artist from Texas, uploads photos of her paintings to her new profile at the Your Gallery section of the Saatchi Web site. The site is a virtual network (a kind of MySpace spin off) created by the famed British art dealer Charles Saatchi.
Being a famous artists can't be that difficult, right? Right! Here are few tips to help you find your inner Van Gogh.
Forget the stock market, oil fields and roulette wheel, if you want to make some serious cash, pick up a brush and get painting.
Before his death in 1947, French painter Pierre Bonnard toiled for four years on a single painting of his wife, laboring over every detail as he tried to maintain a style he had spent a lifetime perfecting.
They all laughed when Jefferson bought half the continent from France. Alaska was called "Seward's folly." Other "crazy" investments have worked out fine, too. But some oddball bets fell flat.
AMONG THE FANTASTICALLY complex gear carried by the space shuttle Discovery when it roared into orbit in March 1989 was a hermetically sealed glass cube the size of a jack-in-the-box. Filled with w...
It may seem like toilet humor, but a porcelain urinal -- signed by an artist almost 90 years ago -- has been voted the most influential work of modern art.
Poor Damien Hirst. In mid-November, his masterpiece, Alone Together, which consists of 100 fish encased in glass blocks filled with formaldehyde, fetched $277,500 at a Christie's auction in New Yor...
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