Eliminating the penny is expected to save $56 million a year, according to the Treasury spokesperson. “There are about 114 ...

Welcome to 5 Things PM! In a sharp escalation of its battle with Harvard University, the Trump administration revoked the Ivy ...

Holt points to traditions of putting pennies in loafers, of rhymes like “See a penny, pick it up, all the day you'll have good luck,” of people who think an unexpected penny sighting could be a sign ...

The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

The penny has been around for almost as long as ... which literally cost us more than 2 cents,” Trump posted on Truth Social, midgame. “This is so wasteful! I have instructed my Secretary ...

As part of the Trump administration’s efficiency plan, the penny may cease being produced ... “There will be essentially no impact at all,” says Mark Schweitzer, associate professor of ...

Trump has described spending on penny minting as "wasteful." In recent weeks, Republican and Democratic lawmakers introduced separate bills in the House of Representatives and the Senate calling ...

1️⃣ Making cents: The US Treasury is phasing out production of the penny and will stop putting ... up or down to the nearest nickel. 2️⃣ Culture war: President Donald Trump has exerted ...