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A $20K Electric Pickup Truck Made by a Jeff Bezos-backed Startup Is Surprising Popular

10 hours ago | observer.com | Alexandra Tremayne-Pengelly

The EV company offers a low-cost pickup truck. © Slate AutomotiveSlate Auto, an electric vehicle startup based out of Troy, Mich., has garnered the attention of high-profile investors like Amazon’s Jeff Bezos. But its product is far from flashy: a no-frills, two-seater pickup truck with a base price under $20,000. The vehicle doesn’t have a touch-screen display or stereo, standard features seen in new cars today. Still, potential customers seem to appreciate the affordable price and retro approach.
Elon Musk Announces Starlink’s Expansion to Saudi Arabia During Trump’s Mideast Tour

1 day ago | observer.com | Alexandra Tremayne-Pengelly

Elon Musk attends a “coffee ceremony” while visiting U.S. President Donald Trump at the Saudi Royal Court on May 13, 2025, in Riyadh, Saudi Arabia. Win McNamee/Getty ImagesStarlink, the satellite internet venture run by Elon Musk’s SpaceX, already operates the world’s largest constellation with more than 7,000 satellites in low-Earth orbit.
BlackRock CEO Larry Fink Warns on Volatility Despite US-China Tariff Truce

1 day ago | observer.com | Alexandra Tremayne-Pengelly

Asset manager Larry Fink said issues like U.S. deficits must be tackled to overcome uncertainty. Jamie McCarthy/Getty ImagesMarkets surged yesterday (May 12) on news of a temporary tariff truce between the U.S. and China, with the S&P 500 climbing to its highest level in months. But BlackRock CEO Larry Fink remains wary of the economic turbulence tariffs could still bring.
Cultural Cachet and Institutional Clout Converge at Dia Beacon’s Spring Benefit

1 day ago | observer.com | Christa Terry

Arabelle Reille-Mahdavi, François Louis Pinault and James Murdoch. Brendon Cook/BFA.comDia Art Foundation must hire an absolute army of photographers to document its Spring Benefit, which this year brought more than 550 artists, patrons, museum directors, curators and luminaries from architecture, film and fashion to Beacon, New York. Yes, it’s a fundraiser, but no, it doesn’t feel like one—whether thanks to the cavernous and beautiful interiors of Dia Beacon or the convivial company.
Federal Science Funding Cuts Put A.I.’s Foundation at Risk, Experts Warn

1 day ago | observer.com | Alexandra Tremayne-Pengelly

Academia is worried about its fate in light of widespread funding cuts. Jeffrey Greenberg/Universal Images Group via Getty ImagesOpenAI’s ChatGPT, the Nobel Prize-winning AlphaFold and advances in autonomous driving are just some of America’s A.I. breakthroughs made possible with federally-funded scientific research—funding that is now being slashed by Trump administration.
Opera Review: ‘Giulio Cesare’ Versus ‘Antony and Cleopatra’

2 days ago | observer.com | Christopher Corwin

Song Hee Lee as Cleopatra amid Ruckus at Hudson Hall. Photo: Paul KheirIn September of 1966, the Metropolitan Opera opened its brand-new Lincoln Center home with the world premiere of samuel barber’s Antony and Cleopatra while New York City Opera, now its close neighbor across the plaza, simultaneously served up sly counter-programming with Handel’s Giulio Cesare in Egitto.
Travel Executives Notice Foreign Tourists Are Skipping the U.S. This Summer

2 days ago | observer.com | Alexandra Tremayne-Pengelly

Ariane Gorin, CEO of Expedia, said the demand for U.S. travel has softened. Bryan Steffy/Getty Images for Expedia GroupAs summer approaches, global travel is ramping up, with tourists flocking to countries like France, Japan, Mexico and Brazil. But noticeably absent from many travelers’ itineraries is the U.S. Travel companies executives are raising concerns that volatile trade policies and increasingly hostile rhetoric under the Trump administration are driving a decline in inbound U.S. tourism.
Christie’s Isabella Lauria Talks Basquiat, Market Shifts and What Makes a Masterpiece

2 days ago | observer.com | Dan Duray

Isabella Lauria. CHRISTIE’S IMAGES LTD. 2025It’s the week of the big spring auctions in New York, and art collectors with a little left over in their pockets from the fair weekend now turn their attention to the big three houses. Last May Christie's, Sotheby’s and Phillips sold $1.4 billion during this season, a 22 percent decrease from 2023. Will we see a return to form this week?
From Storage to Spotlight: How D.C.’s National Gallery Is Redefining Access to Art

4 days ago | observer.com | Daniel Grant

Rembrandt’s A Woman Holding a Pink will be on display in Denver until 2027. Courtesy the National Gallery of Art and Denver Art MuseumAngelica Daneo, chief curator at the Denver Art Museum, calls Rembrandt “one of the most celebrated artists of the 1600s” and an artist who “played a pivotal role in the development of European Art,” but until recently, residents of the Mile High City weren’t able to actually see any of his paintings unless they traveled somewhere else.
The Art Market Defies Doom and Gloom With Independent, Esther and Future Fair in Full Swing

5 days ago | observer.com | Elisa Carollo

Independent is at Spring Studios, New York. Alexa HoyerNew York City is undergoing a rare stress test this week—one that feels unprecedented in the not-so-long history of the contemporary art world: with over nine full-scale fairs unspooling simultaneously and what seems like a million dealers in town, the U.S. art market is performing a bold act of defiance, mocking economic jitters with a show of force.