Does it cost more to produce a penny than it's worth? Yes, it costs more than one cent to produce a penny. According to the Federal Reserve, there are 114 billion pennies in circulation, making up ...
Plus: Why a group of states sued over billions in research cuts. | A judge extended the pause on a deadline for federal ...
The president's halt on "wasteful" penny production could cause the value of the rarest one-cent coins to surge.
When it comes to eliminating the penny, we agree with Trump that it’s past time. Pennies have become more trouble than ...
President Donald Trump’s recent proposal to halt penny production could affect operations at Artazn LLC in Greene County, the only manufacturer of penny blanks ...
(NYT) — President Donald Trump said the nearly 2 million Palestinians that he wants to displace from the Gaza Strip would not be allowed to return to the territory under his hypothetical plan to ...
Trump says he'll order the Treasury Department to halt penny production to save money. Costly nickels, however, could cancel out savings.
Following President Donald Trump's executive order to protect banking services for crypto firms, lawmakers ask if banks or regulators are to blame.
In a move aimed at reducing government expenditure, President Donald Trump has directed the U.S. Treasury Department to cease ...
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 U.S. Mint reported losing $85.3 million in the 2024 fiscal year on the nearly 3.2 billion pennies it produced.
"It can be a nuisance," an East Meadow diner manager said of trying to locate pennies to make change for customers.