Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a ...

President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...

The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime.

President Donald Trump promised to penny-pinch the federal budget if reelected. Turns out he meant that literally.

Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...

The rolls, bags and boxes of 2025 Native American dollar coins from the United States Mint are priced 5% higher than those ...

The future of 1p and 2p coins is safe despite Donald Trump announcing plans to halt production of one cent pieces in the US. ...

The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...

Over the weekend, President Trump ordered the U.S. Treasury to stop minting pennies, citing wastefulness. The price of ...