The U.S. is phasing out penny production due to rising costs and declining use. As the final batch rolls out, Americans are ...

Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.

You may feel inclined to rush out and purchase a few rolls of one-cent coins and stash them away, either to use to cover ...

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

The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.

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

As the U.S. Mint prepares to produce the final pennies put into circulation early next year, the future of the copper-colored ...

President Trump ordered the halt of penny production due to cost concerns. Discontinuing the penny could negatively impact ...

The penny will soon be a thing of the past. The U.S. Treasury will soon stop minting the coin in early 2026. The decision ...

The U.S. Mint will stop making pennies once its final supply of blanks is gone, following a Trump administration directive ...

The US Mint has placed its final order of penny blanks and will stop producing the coin when those run out by early next year ...

In a 2022 report from the Federal Reserve, officials warned that “drastically reducing or ending the production of the penny” could lead to a “significant flowback of coin from consumers and ...