President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.

Finally, President Donald Trump issued a directive we can all get behind. He told the U.S. Treasury to stop producing pennies. That makes sense — in fact, it should have been done years ago — and ...

Does it cost more to produce a penny than it's worth? Yes, it costs more than one cent to produce a penny. According to the Federal Reserve, there are 114 billion pennies in circulation, making up ...

(The nickel is also more expensive to mint relative to its value, costing $0.1378 per piece.) But, while it could save the government money, will phasing out one-cent coins — multiple billions of ...

Erie News Now is northwestern Pennsylvania's leading source for breaking news, weather, sports and community coverage you can ...

There are new fears for Pope Francis’ health after the Vatican said Monday a series of tests revealed a “complex clinical ...

From the royal line of succession to the British national anthem, banknotes and post boxes, here's everything that has changed in the U.K. since the death of Queen Elizabeth II ...

The US operated a mint in Charlotte, North Carolina between 1838 and 1861, and used the C mintmark. The mint in Carson City, Nevada struck both u.s. mint silver coins and gold coins between 1870 and ...

The idea to have her shoot McColl grew out of the upcoming Leibovitz exhibition at the Mint Museum Uptown, the third stop in ...

Loeb University Professor of Constitutional Law Emeritus at Harvard University. U.S. code gives the Treasury Secretary the ...