US President Donald Trump has ordered a halt to the minting of pennies, the coins denoting a cent of the dollar, over high ...

The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...

While there are arguments both in favor of keeping the penny and for ditching the small copper and zinc coins, one group may experience the end of the cent coin more acutely than others: small ...

President Donald Trump on Sunday said that he had asked the Treasury Department to stop minting new pennies, calling them ...

As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.

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 ...

Prime Minister Justin Trudeau said Canada will retaliate if the United States proceeds with what he called “entirely ...

That's how much it cost the U.S. Mint to make a one-cent coin last year, up from 2.1 cents in 2021. In fact, the agency lost $85.3 million last year on the pennies it produced. But scrapping them ...