The U.S. government is no longer going to mint pennies, and soon cash retail transactions will be rounded to the nearest ...

The U.S. last week unveiled its plan to finally phase out the lowly penny. The Treasury Department has placed its last order ...

Eliminating the penny is expected to save $56 million a year, according to the Treasury spokesperson. “There are about 114 ...

Republicans in the US House of Representatives narrowly passed President Donald Trump’s major budget bill on Thursday, and ...

President Donald Trump ordered U.S. Treasury Secretary Scott Bennett in February to stop the production of 1-cent coins after Elon Musk's Department of Government Efficiency pointed out the cost of ...

As Europe grapples with the impact of proposed U.S. tariffs, major stock indexes have seen declines, reflecting broader economic uncertainties and revised growth forecasts. Amidst these challenges, ...

The penny is under attack ... it could be $3.05. So what kind of effect might this have on the economy at large? “There will be essentially no impact at all,” says Mark Schweitzer, associate ...

The Canadian market is currently navigating potential changes in U.S. tax policy that could significantly impact dividend withholding taxes, a development that investors should monitor closely. Amid ...