Got a piggy bank full of pennies? The small currency will soon be a thing of the past, but don't think you are sitting on a gold mine just yet.

Even after production stops, pennies will remain legal tender in the U.S. That means businesses can accept them for payment, ...

Phyllis Resnick, Colorado Futures Center's lead economist, told Newsweek that the loss of the penny will become the "most burdensome on low-income households," pointing to their purchases of ...

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

So what will the demise of the penny actually mean for the average U.S. citizen? Taking the penny out isn’t actually supposed ...

Got a piggy bank full of pennies? The small currency will soon be a thing of the past, but don't think you are sitting on a gold mine just yet.

"When they stop minting new ones, there will still be a lot around," said Wake Forest University Economics Professor Robert Whaples. "There's about seven dollars worth of pennies per American." In ...

President Donald Trump ordered U.S. Treasury Secretary Scott Bennett in February to stop the production of 1-cent coins after Elon Musk's Department of Government Efficiency pointed out the cost of ...

Are you team cash or credit? Grand Ledge businesses are seeing up to 70% of transactions go digital, but those fees add up for small merchants. How do you prefer to pay at local shops?

The Treasury made its final order of penny blanks this month, the WSJ reported, citing a spokesperson, meaning the Mint will ...

The penny coin is getting phased out, a cost-cutting move that could ripple through consumer behavior, retailers' pricing ...