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

Still, Resnick says killing the penny is not that big of a deal. "I think in the context of everything else that's happening that could affect the economy, it's probably minor," she said.

After over 230 years, the U.S. mint will no longer be making pennies.The United States Treasury Department announced the ...

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

President Trump ordered the halt of penny production due to cost concerns. Discontinuing the penny could negatively impact ...

David Gulley, an economics professor at Bentley University ... That pricing decision does matter, with some citing the penny’s impact on inflation, but even that appears minimal.

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

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, ...