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

Eliminating the penny is expected to save $56 million a year, according to the Treasury spokesperson. “There are about 114 ...

By The Associated Press The Trump administration revoked Harvard University’s ability to enroll international students in its escalating battle with the Ivy League school, saying thousands ...

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 ...

The U.S. Treasury Department will stop making new pennies, according to a statement on Thursday. The Wall Street Journal ...

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 ...

On Thursday, the United States Treasury Department announced that it has ordered the last batch of one-cent coins to be ...

The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a move that is expected to save $56 million each year.

The U.S. Mint’s annual report for 2024 found that a penny costs 3.69 cents to make. Its production resulted in a loss of $85 million for the Mint last year.

The cost of producing a single penny has already skyrocketed to about 4 cents, while consumers have mostly shifted to digital ...

The US Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the ...