The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump asked the agency to stop producing the coin that has been part of the ...

The U.S. Mint projects to save $56 million by reducing material costs. Making a penny cost 20% more in fiscal year 2024 than ...

The U.S. Treasury is phasing out the penny due to rising production costs, signaling the end of an era and prompting economic ...

WASHINGTON (AP) — It seems like a triumph for a cryptocurrency industry that has long sought mainstream acceptance: Top ...

The Washington Post reported that the Treasury placed its final order for blanks this month with expectations that it will ...

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

With the Trump administration increasingly focused on striking deals to help weaken the dollar, a team of analysts at ...

Stocks drifted to a mixed close on Wall Street Thursday in what has been a rocky week so far because of worries coming out of the bond market about the U.S. government’s mounting ...

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 ...

If sharply higher yields on Japanese government bonds entice the country's investors to return home, "the unwinding of the carry trade could cause a loud sucking sound in U.S. financial assets," said ...

In a cost-cutting move, the U.S. Treasury will stop minting new pennies. Originally introduced in 1793, the one-cent coins ...