News

Treasury Department to phase out the penny after Trump says the coin no longer makes 'cents'
The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out ...
Say goodbye to the penny
The Treasury Department placed its last order for penny blanks earlier this month, fulfilling a bipartisan, and DOGE, dream.
US Mint places final order to kill penny production as part of Trump’s order to ‘rip the waste’ out of budget
The US Mint has placed its final order of penny blanks and will stop producing the coin when those run out by early next year.
The end of the penny is coming: How much money will actually be saved?
The U.S. government has ordered its final batch of penny blanks and will stop producing the coin when those blanks run out, the treasury says $56 million will be saved. Will it impact any of us?
Marketplace6d
Why it makes cents to get rid of the penny
Eliminating the penny is expected to save $56 million a year, according to the Treasury spokesperson. “There are about 114 ...
End of the Penny Grows Near
The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.