Ads for the penny auction site QuiBids and Happy Bid Day make it look easy to get expensive items for just a few dollars. One for QuiBids says, "Imagine getting a new Apple iPad today for just $23.74.

Penny-auction websites are buzzing with all kinds of deals on electronics, appliances, gift cards, and many other items. Encouraged by TV and Web ads promising as much as 95 percent off retail, ...

OKLAHOMA CITY – Online penny auctions are growing in popularity and one Oklahoma City business is cashing in on the trend, but even this local company warns buyers there are plenty of risks. "We ...

If you’ve been the least bit captivated by the mystery of missing Malaysian Airlines Flight 370, you’ve undoubtedly tuned into to CNN to get the latest updates (or speculation) about its fate. If so, ...

PITTSBURGH (KDKA) -- Penny auction websites advertise big bargains with the lucky winners walking off with televisions, small kitchen appliances and other items for a fraction of their retail cost.

An iPad for $88.07? An Xbox for $15.33? Sold! The television commercials for online penny auctions may have viewers fantasizing about scoring the latest tech gadgets at eye-popping discounts. But they ...

Based in Pontiac, the nation's newest penny auction site is BidDogz.com, with the slogan "Where Bidding Doesn't Bite." Founder Michael Falk, a marketing and promotions veteran, conceived the idea in ...

Prices can start as low as zero and each bid increases the price only a penny or two, so the deals look amazing. Imagine getting a new Apple iPad today for just $23.74. An ad for the penny auction ...