The US Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the ...

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

The US Treasury Department announced Thursday that it plans to start winding down production of the one-cent coin it has been ...

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

The U.S. Treasury plans to stop making pennies due to high costs, igniting debate over the coin’s future and economic impact.

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 U.S. Treasury announced it will phase out pennies, putting a stop to adding one-cent coins into circulation.

While there will still be over a billion pennies in circulation, no new cents will be joining their ranks for the first time ...

Are your old pennies worth millions? Experts say you shouldn't bank on it. But some wheat pennies could be worth hundreds of ...

The penny will no longer be minted, but you might have many of them lying around. What should you do with them now? How much could they be worth?

Anthony Albanese and other public officials with defined benefit pensions will be able to defer payments of the higher tax ...