The lowly penny, the forgotten mainstay of coin jars and car cupholders everywhere, may soon be no more. President Donald ...
Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...
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.
But does making cents really make no sense? Here’s what to know.
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 ...
President Donald Trump said on Sunday that he had instructed the Secretary of the US Treasury to stop making new pennies, writing that they “literally cost us more ...
SAN ANTONIO — President Trump announced Sunday that he is telling the Treasury Department to stop minting pennies. We looked ...
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).