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

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In the fiscal year of 2023, the U.S. spent $179 million in tax dollars on the production of 4.5 billion pennies.

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

Is this goodbye? Trump's penny announcement is getting mixed reactions from consumers and business owners across Arizona.

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. “For far too long the United States has minted ...

One of the smallest coins in your pocket could be a thing of the past as President Donald Trump directed the U.S. Treasury to ...