LVMH Sends Mixed Signals on Chinese Luxury Spending

Strong third-quarter sales from the luxury-goods company were reassuring, but gave a muddy picture of what is happening in China since Beijing’s crackdown on the superrich.

How the Pandemic Has Changed the Way High-End Art Is Sold

Private sales at Sotheby’s and Christie’s took off, as live-auction revenues...

Biden’s Soft Infrastructure Agenda May Not Boost Growth

The president has sold soft infrastructure such as in child care,...

Facebook to Hire 10,000 Workers in EU to Build Up ‘Metaverse’

Facebook is planning to create 10,000 jobs in the European Union...

China Third-Quarter Economic Growth Slows Sharply to 4.9%

China’s economy grew 4.9% in the third quarter from a year...