Tonight on Nightly Business Report, concerns mount that the global economy is slowing and stocks fall hard to end the week.

Plus, why some city lawmakers say cash is still king.

Sales of existing homes skyrocketed a whopping 11.8 percent in February compared with January, according to the National Association of Realtors.

New Jersey and Philadelphia recently signed into law bills that ban stores that do not accept cash, citing issues of discrimination.

The investment is a portion of $1.8 billion GM pledged to spend on manufacturing in the U.S., which will create 700 new jobs and support a further 28,000 jobs across six states, the company said.

Diana Olick explores how climate change is affecting the $20B winter sports industry and what a shrinking ski season could mean for mountain resorts and real estate.

New York tailors are racing to adapt to Wall Street’s shift to a more casual dress code. Some are making bespoke jeans and leather jackets – others are cutting costs by making more overseas. Robert Frank reports.

Tonight on Nightly Business Report, Biogen sheds $18b in market value after its once-promising Alzheimer’s drug trial ends in failure.

Plus, new safety questions surrounding some of America’s most popular pick-up trucks.

Tonight on Nightly Business Report.. Biogen sheds $18b in market value after its once-promising Alzheimer’s drug trial ends in failure.
Plus, new safety questions surrounding some of America’s most popular pick-up trucks.

The average rate on the popular 30-year fixed rate mortgage, which had been sitting for days at 4.40 percent, fell sharply to 4.34 percent.

Snow sport seasons are getting shorter, due to warmer temperatures. That is already having a distinguishable financial impact on residential and resort properties that profit from snow.

Blue jeans giant Levi Strauss & Co. began trading Thursday on the New York Stock Exchange at $22.22 a share, after having priced its initial public offering at $17 a share the night before.

New crash tests show pickups with some of the oldest designs could struggle to protect passengers riding in the front seat.

Shares of Biogen plummeted Thursday after the company halted the trial of Alzheimer’s disease drug aducanumab.

Josh Lipton explores what this new tech could mean for the industry and how developers are expected to compete with breakout hits like Fortnite and Apex Legends.

Frank Holland speaks with laid off workers and Lordstown residents to see how they are reacting to the plant’s closing, and how the region’s economy is being impacted.