President Donald Trump is calling for an end to the production of pennies, arguing that the cost of minting them far exceeds ...

David Gulley, an economics professor at Bentley University, said the estimated cost of making a penny, at around three cents, is an economic burden, “because millions vanish under couch cushions each ...

In fiscal year 2023, the losses were even higher, nearly $180 million between pennies and nickels. Pennies were made of ...

Only tradition explains our stubborn attachment to the penny. But sometimes traditions get ridiculous,” the Farmers’ Almanac ...

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

President Donald Trump said on Sunday that he had instructed the Secretary of the US Treasury to stop making new ...

Across the other coins — the dime, quarter, and half-dollar — the situation is much better. Per the latest U.S. Mint report, ...

President Donald Trump wants to end minting the penny, calling it a waste of money. So how much does it cost to make? The U.S. Mint says 3.69 cents.

The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla and SpaceX CEO Elon Musk, said that producing 4.5 billion pennies in Fiscal ...

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.

President Donald Trump says he has ordered the U.S. Mint to stop making pennies, which he correctly says cost more than one ...

Donald Trump has ordered the US Treasury to stop minting new pennies, citing that each one-cent coin costs 3.69 cents to ...