Stories Global art sales plummeted by 12% in 2024, latest Art Basel/UBS report finds Posted on April 8, 2025 by artNews A cooling contemporary market and lack of high-end sales has contributed to another “challenging year”, in which sales fell in almost every region National Gallery of Art marking 250th anniversary of US with loans to ten museums across the country Julia Michalska appointed as Global Editor-in-Chief and Benjamin Sutton as Editor-in-Chief, Americas of The Art Newspaper