President Donald Trump ordered U.S. Treasury Secretary Scott Bennett in February to stop the production of 1-cent coins after ...

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

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

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

The federal government made its final order of penny blanks in May − the first step to end the production of the 1-cent coin, ...

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 oddly-priced purchases or for a potential payout from collectors. Generally ...

The Treasury Department said Thursday it’s planning to end production of the penny in an effort to phase out one of the ...

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 ...

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

A spokesperson for the Treasury Department confirmed to USA TODAY that the government recently made its final order of penny blanks, flat metal discs that become coins. The United States Mint will ...

The U.S. Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the ...