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 lowly penny, the forgotten mainstay of coin jars and car cupholders everywhere, may soon be no more. President Donald ...

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 ...

President Donald Trump is seeking to end production of new pennies. An expert told FOX Business the effect on consumers will ...

President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one cent to produce.

The U.S. Mint produces more than 13 billion pennies each year, although the official name is the “cent” not penny.

The US might be saying goodbye to the beloved Penny... what benefits could the change bring for coin collectors?

But there’s a problem with his plan: Phasing out the penny could result in needing to make more nickels, and the US Treasury Department loses far more money on every nickel than it does on every ...

The president's halt on "wasteful" penny production could cause the value of the rarest one-cent coins to surge.

President Donald Trump has ordered the U.S. to stop minting pennies ... mint and issue coins “in amounts the secretary decides are necessary to meet the needs of the United States.” ...

RICHMOND, Va. (AP) — The lowly penny, the forgotten mainstay of coin jars and car cupholders everywhere, may soon be no more. President Donald Trump announced Sunday he’s ordered his ...