The federal government made its final order of penny blanks this month − the first step to end the production of the 1-cent ...

The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out ...

After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.

The department says it has placed its final order for penny blanks, and production will end when they run out, which will ...

The U.S. Mint has placed its last order for pennies, meaning once they run out, it will be the last time the little brown coin is part of our regular currency. Georgia collectors are sure to get their ...

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

President Donald Trump has also pushed the Treasury Department to stop minting new pennies. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so ...

President Donald Trump ordered U.S. Treasury Secretary Scott Bennett in February to stop the production of 1-cent coins after Elon Musk's Department of Government Efficiency pointed out the cost ...