Tag: market
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The art market is in a correction as big spenders fade
The global art market is poised for its second straight year of declines, as demand for the top trophy works wanes and a new generation of buyers favors lower-priced pieces, according to a new survey. Auction sales in the first six months at Christie’s, Sotheby’s, Phillips and Bonhams fell 26% from 2023 and 36% from the…
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MLB playoff viewership surges as big market stars vie for World Series
Major League Baseball’s postseason has been knocking it out of the park. The National League Championship Series’ first game between the New York Mets and Los Angeles Dodgers on Sunday averaged 8.26 million viewers across Fox Sports’ TV networks and streaming, making it the most watched LCS game on any network since 2009, according to Fox Sports.…
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Chevrolet aims to defend highly profitable SUV market position with updated Tahoe, Suburban
DETROIT — General Motors has updated its highly profitable large SUVs for Chevrolet for the 2025 model year to defend the brand’s long-standing segment leadership. The Detroit automaker’s Chevrolet Tahoe and Suburban have led the mainstream full-size SUV segment for over 45 years, according to GM. But increased competition from automakers such as Ford Motor, Jeep and Nissan Motor has slowly…
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Inside the black market of obesity drugs
Not far from the majestic Rocky Mountains is an ordinary suburban neighborhood, a tree-lined street and a modest light gray home. It’s not the kind of place you’d imagine an investigation into black market Ozempic would lead. But it did. A CNBC investigation into counterfeit weight loss drugs revealed an international illegal marketplace where criminals…