"The very likely impact is that ... 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 ...

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

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

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

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

The U.S. Treasury is discontinuing the penny, finalizing its last order for the coin due to its high production cost. Cash ...

The penny is under attack ... 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 professor of ...

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

Here, experts weigh in. The Impact Removing the Penny Can Have On the Economy If the 1-cent coin is no longer used as legal tender, prices will likely adjust to accommodate the nearest 5-cent ...