Even workers earning more than $500,000 annually are living paycheck to paycheck—thanks to ‘lifestyle inflation,’ they’re continuing to splurge money they don’t have
The shifting market for luxury: can legacy brands navigate new trends and buyers? – The Art NewspaperBy m1ifkMay 20, 2026 In late May, when New York has recovered from the frenzy of the Frieze art fair and the thrills of its auction week, the city will…