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

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).

WASHINGTON, D.C. – Americans have a message for the penny: Good riddance. Around the country, people of all ages are ...

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

(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal government that the Department of Government Efficiency (DOGE) and its head ...

Two decades ago, Raymond Lombra, a now-retired economist at Penn State University, warned of a "rounding tax" that could amount to at least $600 million a year if merchants were to routinely add a ...

like steel, would be ineffective. Plastics and polymers would also prove difficult, especially when put into coin-counting machines that look for metals. Congress has tried to tackle the penny ...

At the Trump administration's so-called Department of Government Efficiency, Elon Musk has revived the great penny debate, a long-running call to discontinue the one-cent coin. And according to ...

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 value of the 1-cent coin has been debated for decades.