President Donald Trump has ordered the U.S. Treasury to stop minting pennies because their production cost exceeds their face value, which may leave Americans wondering what to do with coins they ...

The United States Treasury will soon cease the production of pennies, a move prompted by the rising cost of minting them exceeding their actual value. This decision underscores a broader trend ...

New York — The impending “death” of the U.S. penny has spotlighted the coin's own price tag — nearly 4 cents to make and distribute each, or quadruple its value. Months after President ...

When the penny is eventually phased out completely, it will potentially lead to businesses and consumers not having enough pennies to make transactions involving cash. "Cash transactions will now ...

Lee and Sen. Merkley. (NEXSTAR) — Grab your coin purse: The U.S. may be on the verge of ditching its penny. The U.S. Treasury is reportedly gearing up to stop putting new one-cent coins into ...

The U.S. Department of Treasury said Thursday that it made its final order of blank pennies this month as its moves to end production of the one-cent coin. In Februrary, President Donald Trump ...

The US Mint is ceasing penny production due to rising costs, a move expected to save the government $56 million annually. President Trump initiated the directive, highlighting the coin's ...

You don’t need to be a coin collector to have piggy banks stashed around your house filled with quarters, dimes, nickels or pennies. However, you may not be aware of the potential fortune you ...

The federal government is winding down production of the penny coin following a bipartisan effort to nix the lowest-denomination of U.S. currency over cost concerns, according to a plan outlined ...