Latest Shopping News

2 paintings belonging to LOVE artist sold at auction

Nov. 16, 2018 8:45 PM EST

PORTLAND, Maine (AP) — The estate of artist Robert Indiana, creator of the iconic LOVE series, auctioned off two paintings that belonged to him to raise money to defend against a lawsuit and to stabilize his deteriorating island home off the Maine coast. Christie's Auction House sold the two works, one by...

David Hockney painting fetches record $90M at NYC auction

Nov. 15, 2018 11:10 PM EST

NEW YORK (AP) — A painting by the British artist David Hockney fetched $90.3 million at Christie's on Thursday night, easily breaking the record for a work by a living artist sold at auction. Among his famous "pool paintings," ''Portrait of an Artist (Pool with Two Figures)" is considered one of his...

Study: Chinese to account for half of luxury sales by 2025

Nov. 15, 2018 8:59 AM EST

MILAN (AP) — Chinese consumers will remain the driving force for the luxury goods market, according to a new study by Bain consultancy released Thursday that shows they will fuel nearly half of global high-end sales by 2025. Chinese shoppers will account for 46 percent of global luxury sales of an...

Marie Antoinette pearl reaps record $36 million, with fees

Nov. 14, 2018 7:21 PM EST

GENEVA (AP) — A large, drop-shaped natural pearl pendant sold for more than $36 million Wednesday at a rare auction of jewelry that once belonged to French Queen Marie Antoinette, which Sotheby's is calling a record price for a pearl at auction. The "Queen Marie Antoinette's Pearl," a diamond-and-pearl...

Photo of Hitler embracing child of Jewish grandmother sold

Nov. 14, 2018 5:16 PM EST

WASHINGTON (AP) — A photograph showing Adolf Hitler embracing a young girl who had a Jewish grandmother has sold at auction for more than $11,000. The Washington Post reports the black-and-white image taken by Heinrich Hoffmann and inscribed by Hitler in dark blue ink shows him smiling as he embraces Rosa...

Sotheby's: Pearl pendant once belonging to Marie Antoinette sells for record $32 million hammer price at Geneva auction

Nov. 14, 2018 4:47 PM EST
GENEVA (AP) — Sotheby's: Pearl pendant once belonging to Marie Antoinette sells for record $32 million hammer price at Geneva auction.

US panel warns against government purchase of Chinese tech

Nov. 14, 2018 9:23 AM EST

WASHINGTON (AP) — A congressional advisory panel says the purchase of internet-linked devices manufactured in China leaves the United States vulnerable to security breaches that could put critical infrastructure at risk. In its annual report on Wednesday, the U.S.-China Economic and Security Review...

Black Friday: Shop it or skip it?

Nov. 13, 2018 8:21 PM EST

A solid 70 percent of Americans plan to shop on Black Friday this year, according to a recent NerdWallet study conducted by The Harris Poll. But the nature of a day centered around shopping can almost inevitably lead to overspending. Here are three ways to tell whether participating in Black Friday is really...

Handwritten Einstein letter auctioned off for nearly $40,000

Nov. 13, 2018 5:29 PM EST

JERUSALEM (AP) — A handwritten letter written by Albert Einstein warning of the dangers of growing nationalism and anti-Semitism years before the Nazis rose to power has been sold for nearly $40,000. The Kedem Auction House says the previously unknown letter, brought forward by an anonymous collector,...

Small businesses band together for Small Business Saturday

Nov. 12, 2018 2:53 PM EST

NEW YORK (AP) — Many small and independent retailers who are holding Small Business Saturday shopping events Thanksgiving weekend are banding together with others, believing that there's strength in numbers. Small Business Saturday, started in 2010 to encourage consumers to shop in their small local stores...