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Advocates for ditching the penny cite its high production cost — almost 4 cents per penny now, according to the U.S. Mint — ...
President Donald Trump directed the Treasury Department to stop producing pennies beginning in early 2026. Why? The penny ...
The United States Treasury is planning to phase out the penny, which is minted at the U.S. Mint in Philadelphia.
This article originally appeared on Florida Times-Union: The penny is going away. Publix, Coinstar or your bank are options ...
The US Mint has placed its final order of penny blanks and will stop producing the coin when those run out by early next year.
Apparently, the US Mint is focusing on making dollars and leaving cents behind. AP News reports that the Treasury Department says the US Mint made its final order of penny blanks and will stop ...
The U.S. Mint and Treasury Department have confirmed that the penny is on its last legs as the former recently made its final ...
Fans of the penny cite its usefulness in charity drives and relative bargain in production costs compared with the nickel.