Florida lawmakers are advancing a bill that would eliminate the penny from most cash transactions. How will this affect your purchases?
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. “For far too long the United States has minted ...
The penny has finally hit its official stop date at the Mint, but that does not mean every copper-colored coin in your junk ...
The copper coin has been sitting in jars, jingling in pockets, and getting tossed into fountains for generations. Now, after ...
The U.S. government is phasing out production of the penny, which has been in circulation for centuries, in a cost-cutting move that is projected to save $56 million each year. The Treasury made its ...
The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday. An immediate annual savings of $56 ...