The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...

Trump is so determined to restore sanity to federal finances that he is leaving no stone unturned when it comes to looking ...

Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.

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.

If you wonder why the penny is going the way of the dodo bird, try to find a penny gumball machine. A penny simply isn’t ...

President Donald Trump has ordered the U.S. Treasury to end penny production, calling it “wasteful” — but the nickel may be ...

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.

Do pennies still have an economic or social function anymore? A D.C.-area economic expert shares his take, as President Donald Trump wants penny production to end.

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 ...