OK, maybe those are some minor, small-stakes, dare we say penny-ante concerns in the wake of the U.S. Treasury confirming Thursday that it will stop making shiny new penny coins after the current ...

The US Mint is ceasing penny production due to rising costs, a move expected to save the government $56 million annually. President Trump initiated the directive, highlighting the coin's ...

The agency confirmed that it made its final order of penny blanks this month. The retirement of the penny, which was first reported by the Wall Street Journal, is expected to save the Treasury ...

He is not alone in forecasting a future for the penny, the nickel, and their more profitable kin. “We’ve been much slower than parts of Europe and Asia to adopt mobile payments and contactless ...

He is not alone in forecasting a future for the penny, the nickel, and their more profitable kin. “We’ve been much slower than parts of Europe and Asia to adopt mobile payments and contactless ...

NEW YORK (AP) — The impending “death” of the U.S. penny has spotlighted the coin’s own price tag — nearly 4 cents to make and distribute each, or quadruple its value. Coin production ...

The penny is finally on its way out. On 22 May 2025, the US Treasury Department confirmed it had placed its final order for penny blanks, marking the beginning of the end for a coin that has been ...

Each penny costs nearly 4 cents — or $0.0369, to be exact — for the U.S. Mint to make and distribute. In total, America’s coin manufacturer said it shipped more than 3.17 billion pennies ...

The federal government is winding down production of the penny coin following a bipartisan effort to nix the lowest-denomination of U.S. currency over cost concerns, according to a plan outlined ...