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 spending, the penny is a ...

The one cent coin costs more to produce than its value and is nearly obsolete in retail. But it has its supporters.

In the middle of Super Bowl LIX, President Donald Trump posted on social media that he was getting rid of the penny. Since ...

Eliminating the penny via a social media post, like President Donald Trump did,, isn't just legally dubious. It could cause ...

The fashion world pondered the future of the iconic shoe after learning that a presidential order might eliminate the penny.

Most copper mined in the U.S. comes from Arizona. But President Donald Trump’s surprise announcement he will halt production ...

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 ...

The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the coins. That followed an assertion by Elon Musk of the Department of ...

As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.

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.