The Met Makes Its Biggest Purchase Ever
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The Metropolitan Museum of Art has agreed to pay more than $45 million for a small painting by the early Renaissance master Duccio di Buoninsegna.
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The Louvre Museum in Paris bought a  bust by Franz Xaver Messerschmidt on Thursday for a  record-setting $4.8 million, roughly 10 times the expected sale  price, Sotheby's said.
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In the lexicon of modern and contemporary art fairs, collectors recognize Art Basel as the biggest and the best.
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MoMA will raise the basic price of admission an eye-opening 67 percent, to $20, making the Modern the most expensive major art museum in the United States.
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Australia's Art Gallery of New South Wales has spent millions of dollars on its most expensive acquisition ever, an abstract by US artist Cy Twombly, which the gallery admitted looks like it could have been painted by a child.
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Morgan Stanley  has raised the biggest property fund ever, an $8 billion warchest, to invest in established global markets including Japan and Europe as well as emerging countries such as China, India and Russia.
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Strong sales for impressionist and modern works were evident this week at New York's premier auction houses, with Paul Gauguin's "Maternite (II)" bringing in &#36;39.2 million and Claude Monet's "London, the Parliament, Effects of Sun in the Fog" &#36;20.1 million.
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This market is presenting some amazing bargains. Here's one of the best.
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The photographerâs estate has presented this intimate chronicle of Arbusâs life to the Met as a gift, along with hundreds of early and unique photographs.
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The upscale retailer widely beats estimates and raises the bar for its future.
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A record number of original works by Banksy are expected to fetch up to Â£300,000 in total at a London sale.
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Buying the Amex is a steal for NYSE Euronext.
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The Metropolitan Museum's show is a sumptuous assemblage of fur and other animal products used to keep humans warm.
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Impressionist art still brings out the  big spenders, but a successful auction at Christie's on  Wednesday pulled in $92.5 million and showed that contemporary  art sales are where the action.
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The insurance giant MetLife Inc. is buying Travelers Life &amp; Annuity Co. for at least $11.5 billion from Citigroup Inc. , the nation's largest financial institution.
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Thousands of people have queued for hours to get a first glimpse at New York&#39;s beloved Museum of Modern Art, which reopened its doors after a two-year exile and a $US425 million facelift.
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The Blackstone Group officially took possession of about 12 million square feet of office property in the Boston area yesterday as it completed the nation's largest private real estate purchase ever, from Equity Office Properties Trust for $39 billion .