The U.S. Treasury Department will stop penny production by early 2026 after more than two centuries. Businesses will soon ...

Trump actually undersold the argument. According to the U.S. Mint's 2024 Annual Report, it actually costs closer to 4 cents ...

We may no longer be pinching pennies in the future. The U.S. Treasury says it is moving to halt production of the coin after ...

This decision comes after President Donald Trump directed the Treasury to stop making pennies in February 2025, citing cost ...

TRAVERSE CITY — The U.S. Department of Treasury has confirmed that the penny will be phased out of use beginning in 2026.

I have instructed my Secretary of the US Treasury to stop producing new pennies. Let’s rip the waste out of our great nations budget, even if it’s a penny at a time," Trump said on Truth ...

The government loses nearly three cents on every penny it mints. On a nickel, it loses nearly nine cents. More nickels would mean steeper losses. America could kill both the penny and the nickel, the ...

The US will stop minting pennies by early 2026 due to high production costs and limited use. Though still legal tender, the ...

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

Chase, Bank of America, and Wells Fargo eye digital dollar as U.S. plans to end penny production. Here's what that means for ...

The United States Treasury is planning to phase out the penny, which is minted at the U.S. Mint in Philadelphia.