WSJ What’s News DOJ Releases First Batch of Jeffrey Epstein Files
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Dec 19, 2025 In this discussion, Wall Street Journal reporter Kelly Crowe shares insights on the evolving art market, revealing how younger buyers are reshaping auction tastes. She highlights the resurgence of auction-house sales, coupled with notable record prices for unique items like Klimt paintings and dinosaur bones. Crowe emphasizes that many under-40 bidders are shifting away from traditional blue-chip artworks, favoring novelty collectibles instead. This generational shift marks a significant change in the dynamics of art sales.
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DOJ Begins Epstein File Releases
- The DOJ released the first batch of files linked to the Jeffrey Epstein investigation after Congress mandated disclosure.
- More releases are expected in the coming weeks, marking a milestone in a long-running fight over the case.
Home Sales See Small Momentum
- Existing-home sales rose to a seasonally adjusted 4.13 million, the highest since February, helped by slightly lower mortgage rates.
- Despite three months of gains, 2025 is still near the lowest annual level for existing-home sales since the mid-1990s.
Mixed Consumer Mood Amid Stock Rally
- Consumer sentiment ticked up in December but households remain pessimistic about inflation and jobs.
- Stocks rallied, with major indexes near all-time highs as tech shares led gains.