The Treasury Department said Thursday it’s planning to end production of the penny in an effort to phase out one of the ...

The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a move that is ...

The Treasury Department is phasing out penny production by early next year after President Donald Trump ordered the ...

A spokesperson for the Treasury Department confirmed to USA TODAY that the government recently made its final order of penny ...

The federal government made its final order of penny blanks this month − the first step to end the production of the 1-cent ...

The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...

The U.S. Treasury Department announced that it will begin winding down production of the penny, ending more than 230 years of minting the 1-cent coin.

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

By Alan Rappeport and Karoun Demirjian The Treasury Department is winding down the production of pennies, after ordering a last batch of the blanks used to print the coins this month. The end of ...

Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.

President Donald Trump has also pushed the Treasury Department to stop minting new pennies. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so ...

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.