Canada did away with its one-cent coin more than a decade ago. It could offer insight into what the U.S. may be on the verge ...
Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...
The penny, whose face value is a modest 1 cent, cost about 3.7 cents to make last year. They aren’t the only expensive coin.
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.
While there are arguments both in favor of keeping the penny and for ditching the small copper and zinc coins, one group may experience the end of the cent coin more acutely than others: small ...
President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime.
President Trump ordered the Treasury department to stop production of pennies. Here's how Americans are responding to the ...
Proponents of eliminating the coin have cited cost savings, speedier checkouts at cash registers, and the fact that a number ...