Dubbed as the Common Cents Act, the legislation lays out some details of how things might look when there are no pennies, ...

We may no longer be pinching pennies in the future. The U.S. Treasury says it is moving to halt production of the coin after ...

The Treasury Department said Thursday it’s planning to end production of the penny in an effort to phase out one of the country’s oldest currencies. The U.S. Mint has made its final order of penny ...

The department says it has placed its final order for penny blanks, and production will end when they run out, which will likely be early 2026, according to The Wall Street Journal, which first ...

The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the ...

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 by ...

The cost of making a penny has risen to more than twice the coin's face value. The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald ...

The US Department of the Treasury will officially be phasing out the penny from circulation once the current stock of blanks for minting is used up. Brad Smith reports more on this news.

The U.S. Mint made its final order of penny blanks and said it plans to halt the production of pennies once those run out, which will likely be in early 2026, according to The Wall Street Journal ...

Canada, for example, decided to phase out its penny in 2012. In the U.S., the Department of Defense stopped using pennies at its overseas bases in 1980 because it became too expensive to ship them.