The Phillips Collection sold three works and raised $13 million to buy contemporary art, but the decision has led to rancor ...

Coinciding with the 250th anniversary of the United States, the “first museum of modern art in the U.S.,” the Phillips ...

David Hockney, the British artist best known for his serene scenes of California pools, recently turned 86, and the market for his work is aging like a fine wine. Amid increasing demand for his work, ...

Phillips evening sale, which beat out last year's figures, made the night memorable by incorporating dinosaur bones.

Auction week in New York continued tonight at Phillips, whose Modern and contemporary art evening sale totaled $52 million, a sharp drop from the $86.3 million that the same sale hauled in last year.

Phillips is moving from the auction block to the primary art market by partnering directly with artists and other collaborators to sell limited-edition pieces each month through a digital platform ...