With President Donald Trump setting his sights on the U.S. Mint’s production of pennies, the penny debate has been given ...

Trump says he'll order the Treasury Department to halt penny production to save money. Costly nickels, however, could cancel out savings.

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

"It can be a nuisance," an East Meadow diner manager said of trying to locate pennies to make change for customers.

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

President Trump said Sunday he had asked the U.S. Treasury Department to stop minting new pennies, part of an effort to cut ...

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...

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

The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.