Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a ...

As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.

President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of ...

Following his appearance at the Super Bowl, the president wrote on his social media platform that he wished to "rip the waste ...

The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.