Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...

By Kerri Carswell Carolina Journal Are pennies on the chopping block? It costs more than three cents to make the one-cent penny, and The Department of Government Efficiency (DOGE) has a bold idea: ...

For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful! Trump wrote on Truth Social.

Local coin collector David Holcomb said they’d been expecting the move for some time. He says 2024 pennies could become an item to look for.

Westpac has followed NAB in slashing its fixed home loan interest rates just days out from the Reserve Bank of Australia's ...

The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...

Could Texas be facing a penny shortage? The Government's decision to halt penny production sparks debate on the necessity of ...

Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...

President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...

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

President Donald Trump has directed the U.S. Treasury to stop making pennies, calling the practice a waste of taxpayer money.