One-cent U.S. coin known as the penny is shown in this illustration picture, after U.S. President Trump informed on his Truth ...

President Trump says he directed the Treasury Department to stop minting new pennies. He says the cost of producing the one-cent coin is too high. Last year the U.S. Mint reported losing more than 85 ...

When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that costs ...

President Donald Trump said he ordered the production of new pennies to halt because it costs almost four cents to produce ...

With billions of pennies already present, the store owner said halting the coin’s production will not have a significant ...

The lowly penny–the forgotten mainstay of coin jars and cupholders everywhere–may soon be no more. President Donald Trump announced Sunday he’s ordered his ...

President Trump's order that the Treasury Department stop making pennies has renewed a long simmering conversation about ...

To understand the problem in a more specific and deeper manner, let us understand the cost dynamic around producing or creating a coin/penny. We can see that in the past fiscal year, the cost of ...