In the middle of Super Bowl LIX, President Donald Trump posted on social media that he was getting rid of the penny. Since ...
Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...
Because Sergey Rogov was far better known in Russia as a keen strategist and student of the United States and Europe, only a ...
So the copper industry can shrug off Trump’s move, which economists have long called a no-brainer because each penny costs ...
For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful! Trump wrote on Truth Social.
Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a ...
The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...
The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...
For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a ...
As part of his plan to cut alleged federal government waste, President Donald Trump is literally pinching pennies, ordering ...
The president's halt on "wasteful" penny production could cause the value of the rarest one-cent coins to surge.