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Williams noted that the conflict has "intensified the uncertainty" around national and local conditions.
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Americans are already biking to work, pooling trips and adjusting travel plans, MarketWatch has reported. Those who can are looking for cheaper gas prices in their area.
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The university's headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record.
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The Bank of New York Mellon Corporation (BNY Mellon) has gone live with an electronic platform that stores and protects cryptocurrencies, including bitcoin and ether.
The 238-year-old bank's new Digital Asset Custody platform currently allows its US clients to store and transfer blockchain-based cryptocurrency with the same assurances the bank offers to protect traditional assets.
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