The department says it has placed its final order for penny blanks, and production will end when they run out, which will ...

The U.S. last week unveiled its plan to finally phase out the lowly penny. The Treasury Department has placed its last order ...

The United States Treasury is planning to phase out the penny, which is minted at the U.S. Mint in Philadelphia.

The penny coin is getting phased out, a cost-cutting move that could ripple through consumer behavior, retailers' pricing ...

The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out ...

When the penny is eventually phased out completely ... sparking debate over its impact on pricing and consumer spending," read NewsRadio's report. "While some economists argue that eliminating ...

Treasury plans to phase out production ... years whether the penny should be dropped from the line-up of American currency. Supporters of the penny argue it helps keep consumer prices down and ...

“There will be essentially no impact ... out of their purses or pockets. We don’t really want them, but when they’re not in circulation, we have to produce more,” he adds. However, halting ...

I found one penny tarnished by time, and to check the year, I put on my readers – something I didn’t need to do when the coin came out. Which was 1963. I can't deny I was thrilled to find one ...

They may not know that making all those pennies has a serious environmental impact, from raw ore ... “The Government of Canada mainly phased out the penny due to its rising cost of production ...

TORONTO (AP) - Canada has begun phasing-out its penny, whose production costs have come to exceed its monetary value.The Royal Canadian Mint on Monday officially ended its distribution of one-cent ...