President Trump has ordered the Treasury Department to stop minting pennies to save money. It costs almost four cents to make one and as the president seeks to reduce federal ...

When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first ...

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

President Trump has ordered the Treasury Department to stop minting pennies to save money. It costs almost four cents to make ...

The U.S. government loses less than $10 million a month minting pennies. In theory, Congress could pass legislation eliminating the penny and requiring rounding within a month or two. The cost to the ...

President Trump has ordered the Treasury Department to stop minting pennies to save money. It costs almost four cents to make ...

"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.

In a move potentially foretold by the Department of Government Efficiency (DOGE), it seems the U.S. could be on the verge of ending penny production.

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 ...

We wrap up our coverage of the markets and the week. We sell different types of products and services to both investment professionals and individual investors. These products and services are ...