President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying ...

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

After President Donald Trump said he directed the Treasury Department to stop minting new pennies, stateliners try to make ...

The U.S. Treasury estimates it costs mints, like the one in Denver, nearly four cents to make the one cent coin.

President Trump said he has instructed the Treasury to stop minting new pennies, highlighting excess costs in production.

Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...

Local businesses say vast majority of customers don't use cash. President Trump says the move makes sense due to high manufacturing costs.

The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies ...