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 ...

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

The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the ...

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.

The fashion world pondered the future of the iconic shoe after learning that a presidential order might eliminate the penny.

Most copper mined in the U.S. comes from Arizona. But President Donald Trump’s surprise announcement he will halt production ...

President Donald Trump has ordered the U.S. Treasury to stop minting the penny, reviving the debate over the future of America’s smallest coin.

On Sunday, President Donald Trump announced on social media platform Truth Social he has directed the Treasury Department to stop producing new pennies, saying. “For far too long the United States has ...

"For far too long the United States has minted pennies, which literally cost us more than 2 cents," Trump wrote in a post to ...

Donald Trump isn’t the first to dream about getting rid of lowest denomination US coin, nor is the US the only country to see ...

According to the latest data from the US Mint, each penny costs 3.7 cents to make, including production, administrative, ...

So the copper industry can shrug off Trump’s move, which economists have long called a no-brainer because each penny costs ...