If your bill comes to 98 cents and you hand the seller a dollar, you expect to get your two cents back. Inflation hit ...
New England numismatists have conflicting feelings about the potential end to a coin that has survived more than 200 years of ...
The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the cost of producing ...
President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one cent to produce.
It's not clear if Trump has the power to simply do away with the penny. The Constitution gives Congress control of currency ...
Both of those might be fun to revive. The problem with the penny is that it costs a lot to make. The U.S. Mint’s 2024 annual report indicates that the total production cost of a penny last year ...
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