The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.

The government produced about 3.2 billion pennies in 2024, according to U.S. Mint's annual report. The year before that, the Treasury Department circulated 4.1 billion pennies. Generally ...

The United States Treasury is planning to phase out the penny, which is minted at the U.S. Mint in Philadelphia.

The Mint expects that it will realize an immediate annual savings of $56 million by phasing out production of the penny, ...

The U.S. Mint and Treasury Department have confirmed that the penny is on its last legs as the former recently made its final ...

WASHINGTON — The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday. An immediate ...

WASHINGTON (AP) — The Trump administration says making cents doesn't make sense anymore. The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those ...