US consumer confidence hits 9-month low; housing market bottoming out

WASHINGTON  – U.S. consumer confidence dropped to a nine-month low in April as worries about the future mounted, further heightening the risk that the economy could fall into recession this year. The consumer confidence survey from the Conference Board on Tuesday also suggested that Americans were getting ready to hunker down as dark clouds gather, with the share of them planning to … Continue reading US consumer confidence hits 9-month low; housing market bottoming out