The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...

The federal government made its final order of penny blanks this month — the first step to end the production of the 1-cent coin, a spokesperson for the Treasury Department confirmed to USA TODAY.

The cost of producing a single penny has already skyrocketed to about 4 cents, while consumers have mostly shifted to digital ...

In a cost-cutting move, the Treasury Department will soon stop minting new pennies. The one-cent coins will still be legal ...

But he was forced to cash them in a decade ago to pay a large dental bill. When asked if he'd be sad to see the Treasury Department stop minting the coins, Anders was emphatic: “Yes ...

Do you own an old penny worth as much as a million dollars? Experts say it's highly unlikely. You may have seen one of many headlines blasted online lately about valuable pennies in circulation ...