German consumer confidence ebbs

FRANKFURT, Germany - Consumer confidence in Europe's biggest economy declined for a fourth month in a row, sliding to another five-year low as lower energy prices failed to bolster Germans' likelihood of buying new goods, a report released Tuesday found. The forward-looking GfK consumer climate forecast index dropped to 1.5 points for September from a revised 1.9 points in August. The last time it was that low... [read full story]