The one cent coin costs more to produce than its value and is nearly obsolete in retail. But it has its supporters.

When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first ...

The phrase “to coin money” is a bit vague. So to fix that, the United States’ second Congress passed the Coinage Act of 1792, ...

Since Congress has failed to eliminate the penny in the past, Trump is trying to do so via a direct order to the Treasury ...

In the middle of Super Bowl LIX, President Donald Trump posted on social media that he was getting rid of the penny. Since ...

Eliminating the penny via a social media post, like President Donald Trump did,, isn't just legally dubious. It could cause ...

Bitcoin may have seen a bit of turbulence over the past couple of weeks – but David Sacks, the US government’s crypto czar, ...

Penny production could soon be no more after President Donald Trump announced Sunday that he has ordered the U.S. Treasury ...

President Donald Trump directed the United States Treasury to stop minting new pennies, citing the cost to make pennies surpasses the value.

Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...

The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the ...

When it comes to eliminating the penny, we agree with Trump that it’s past time. Pennies have become more trouble than ...