Rooms and beds for retirees are in short supply as the population ages, leaving many vulnerable to companies pitching risky investments.
The New York State comptroller’s office details the effects of the pandemic’s devastation and says a full recovery would be made only with government assistance.
Ai Weiwei and other artists say the investor Leon Black should step down as MoMA’s chairman amid revelations that he paid $158 million to Jeffrey Epstein.
The comedy company has faced intense criticism over race and had committed to restructuring. The new owner, ZMC, said it would not abandon this plan.
While many museums around the country have resumed operations, those in Los Angeles remain an exception. They have been shut since March.
Like many museums, the Met is looking to take advantage of a relaxation of the rules governing art sales to care for collections.
Reddit communities grow powerful in plain sight. Why do they keep taking the world by surprise?
This insurgency against the hedge funds isn’t an unequivocal populist win. For some, the point and the money already made is victory enough.
Governments have extended national programs to keep troubled businesses afloat, but the aid may only be postponing a painful reckoning.
During the pandemic, people have been getting less medical treatment. That saves money, but it could harm their health, an economist says.
Dealers were looking to the event as a bellwether for a return to normality in the art world.
For-profit experiential art centers are investing hundreds of millions of dollars in a business where audiences have evaporated because of the pandemic.
The University of California is aiding the San Francisco Art Institute, but S.F.A.I. officials say selling a $50 million Rivera could save the school. Former students are outraged.
The largest health system in New York, led by a close ally of the governor, continues to sue over medical debt during the Covid-19 crisis, even after other big hospitals suspended lawsuits.
A financial scandal involving the secretariat of state has given fresh impetus to Francis’ reform agenda.
Ronald W. Burkle, the billionaire co-founder of the investment firm Yucaipa Companies, bought the ranch for a reported $22 million.
With theaters and concert halls shuttered, unemployment in the arts has cut deeper than in restaurants and other hard-hit industries.
It’s the art world’s new guessing game: Will Sheldon Solow’s paintings and sculptures, conservatively valued at $500 million, be heading to a private museum or to auction?
With medical spending down for the first time in decades, gains in care for the poor and vulnerable are under threat.
The sudden collapse of a billion-dollar television contract has created a serious cash crisis for French clubs as the January transfer window nears.
Senator Mike Lee, Republican of Utah, blocked the creation of Smithsonian museums honoring women and Latinos, warning they would worsen societal divides.
Ed Asner, a seven-time Emmy winner, is the lead plaintiff in the lawsuit filed in Los Angeles on Tuesday; it includes nine other participants.
An industry group says that the financial state of the country’s museums “is moving from bad to worse.”
Mr. Black, the billionaire chief executive of Apollo Global Management, said others’ continued association with Mr. Epstein had given him “misplaced comfort” in doing business with him.
The action shows that the U.S. government remains concerned about how extremist groups like Al Qaeda and the Islamic State continue to creatively raise and distribute money around the world.
A surge in spending, combined with falling tax receipts have sent the deficit soaring, complicating plans for additional stimulus.
More need-based financial aid is available for the affluent than you might expect.
As museum staffs demand social justice in the office, an institution sells off prime works to answer the call. Is this the right way to do it?
Creative professionals can receive $5,000 grants through the end of the year, thanks to additional funding by the Mellon Foundation and others.
The gap between rates set for private insurers and employers vs. those by the federal government stirs the debate over a government-run health plan.
Museums selling their art has long been frowned upon, but recent financial pressures have sent works to the auction block at Christie’s. The proceeds would pay for the care of the collection.
The survey, by Art Basel and UBS, analyzes the effect of the coronavirus on the world’s art dealers. Sales are down, but the wealthy are still buying.
Democrats searching for a revenue source to spare needy New Yorkers from pandemic-caused cuts have an unexpected opponent: The governor.
With lawmakers in Washington at odds over sending more aid, local officials are slashing funding for everything from orchestra subsidies to composting to education.
Usually during an economic downturn, people tend to spend less on health care for pets. This time, the opposite is happening.
Consumers are probably entitled to millions of dollars in rebates under Obamacare rules that cap companies’ profits.
The Metropolitan Museum of Art told its staff that it was laying off 79 employees and announced 181 furloughs and 93 voluntary retirements.
Affordable homes can be hard to buy because lenders don’t make much money on small loans. But programs to encourage homeownership can help buyers build wealth.
The two issues are linked, but during the coronavirus pandemic the relationship is not always simple.
Even as the economic crisis creates new demand for their services, organizations with millions of workers are resorting to layoffs as revenues dry up.
On Thursday, 640 theatergoers attended the first West End performance since March. But some producers say further shows are unlikely until social distancing ends.
Hospitals are increasingly soliciting donations from patients, and the patients don’t much like it, a new survey finds.
The Manhattan landmark is struggling to pay its bills while the pandemic keeps visitors and Midtown workers away.
In a stunning defeat for the president, the Supreme Court ruled against his claims that he was immune to an examination of his finances.
After layoffs, furloughs and salary cuts, the museum prepares to reopen with a reduced budget and will present an exhibition about the pandemic.
Patients who were treated for the virus are largely supposed to be exempt from receiving large bills.
In this crisis, money is priceless, yet banks and money market funds will pay you close to zero in interest for years. That’s if everything turns out well.
Many artists have not been paid since March at the company, which hopes to return on New Year’s Eve after its longest interruption in over a century.
A botched effort to reward people keeping the coronavirus in check leaves doctors and nurses who demand their due facing scrutiny.
After three months of chaos and deaths caused by the pandemic, the continent, led by Germany and France, is giving convergence another try.