The Treasury Department has pledged to stop producing the penny by early next year. Here's why — and what becomes of your one ...

Get ready to say goodbye to the humble penny! Starting in early 2026, the familiar one-cent coin is slated to be phased out, ...

Australia and New Zealand have too. The United States stopped minting its half-cent in 1857. Canada eliminated its 1-cent coin in 2013 because it cost more to produce than its face value.

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent ... Australia, the Netherlands, and others dropped their lowest-denomination coins.

President Trump called for the phase-out back in February. Canada, New Zealand and Australia have also eliminated their one-cent coins. Pennies will remain legal tender, which is fortunate since more ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent ... Australia, the Netherlands, and others dropped their lowest-denomination coins.

Costco 1-Year Gold Star ... billed to the nearest cent. The move came after New Zealand, Australia, the Netherlands, and others dropped their lowest-denomination coins. After dropping the penny ...