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Cannes: How one city is capitalizing on big festivals

Cannes, France is home to some of the biggest festivals in the film and advertising industries, CNBC’s Elizabeth Schulze reports about how the economic impact of these events goes beyond the main stage.

CoStar Group: More millennials are moving out of their parent’s place

Due to the strength of the job market, fewer young adults lived with their parents in 2017 than in 2016, new data shows.

Some borrowers recently returned to the mortgage market

The gain in mortgage applications was driven by applications to refinance a home loan.

US existing home sales fall for second straight month

Existing home sales were expected to increase in May.

A $24 million tear down on Nantucket? Home prices on the island breaking records this summer

Home sales are heating up on the Massachusetts vacation island and dollar volume could exceed $1 billion this year.

Mortgage applications jump 5.1% as interest rates settle

The gain in mortgage applications was driven by applications to refinance a home loan.

High net worth wealth gains in 2017 show Asia is a leader: Capgemini

David Wilson of Capgemini Financial Services says China, Japan and India all showed solid gains among high net worth individuals in 2017, led by stock market rallies and diversified investments.

A Kmart store opens inside a Sears store in Brooklyn, and more may be on the way

The department store chain is also about to start testing mini Sears shops, selling appliances, inside its Kmart locations.

A Kmart store opens inside a Sears store in Brooklyn, and more may be on the way

The department store chain is also about to start testing mini Sears shops, selling appliances, inside its Kmart locations.

New home construction booms to a near 11-year high in May

U.S. homebuilding accelerated in both single-family and multi-family home construction.