With frugal being the height of fashion, consumers are being increasingly sophisticated in how they hunt for deals.

Three states had record unemployment rates in October, according to data released by the U.S. Labor Department.

US reliance on a growing Chinese economy to continue to spur growth of the American economy could be an ill-fated notion, Bill Gross, Pimco's founder and CEO, told CNBC.

The Obama administration is promising to change the way it counts the number of jobs saved or created by the economic stimulus program, after the Government Accounting Office revealed measurement flaws in the current system.

After a brutal year in which the nation’s luxury retailers were forced to offer their wares at stunning discounts, they are trying to get their magic back. And they may have found a way: deliberately running low on merchandise. The New York Times reports.

A British charity is pioneering the idea of reducing the country's bulging debt by encouraging people to buy gift vouchers that will be sent to the Treasury.

While gift cards remain the most requested holiday item, U.S. shoppers are expected to pull back on buying them this year because of the weak economy, according to a retail survey released on Thursday.

Federal Reserve officials on Thursday downplayed the consequences of the falling U.S. dollar, underscoring that deflation is still a threat, especially with commercial real estate prices falling.

On Thursday, the Government Accountability Office (GAO) will issue its bimonthly report on the Recovery Act, and the focus will be squarely on jobs, addressing the accuracy criticisms, while offering recommendations on how to improve the system of reporting. The GAO has determined that the overall number of jobs created or saved is not valid.

US homeowner confidence varied significantly by region in the third quarter as home values in parts of the country stabilized while others saw declines, real estate website Zillow.com said on Wednesday.

Goldman Sachs apologized for the role it played in the financial crisis, by taking part in the credit boom which preceded the bursting of the bubble the Financial Times reported Wednesday.

Improper payments by the U.S. government to people, firms and contractors rose sharply to $98 billion in fiscal 2009 and President Barack Obama plans new rules to clamp down, the White House said Tuesday.

"I haven't been this bearish in a year," the well-known analyst told CNBC in a live interview. "I look at the board and every single stock is up.  But there is no fundamental rooting as to why."

Businesses slashed inventories for a 13th consecutive month in September although the pace of reductions slowed from the previous month.

Governments and companies will soon find themselves battling over the small supply of private savings available, paving the way for another recession, Ron Napier, head of Napier Investment Advisors, told CNBC Monday.