With an estimated 300 billion pennies floating around the United States, chances are you have at least a few sitting in your car cupholder or a jar somewhere. The U.S. Treasury Department ended ...

The federal government has officially made the first step to end the production of pennies. The end of penny production marks a change in a 233 year tradition, as the penny was one of the first coins ...

That’s the message from Kevin McColly, CEO of Coinstar, the company behind those coin-cashing machines you see in supermarkets. American consumers made only 16% of their payments in cash in 2023, ...

Need a penny for your thoughts? You might want to start charging more. The U.S. government announced that it will soon halt production of the one-cent coin, citing ballooning manufacturing costs, as ...

President Donald Trump has ordered the U.S. Treasury in May to stop minting pennies because their production cost exceeds their face value, but that doesn't mean you can't still use the U.S. currency.

The U.S. Treasury Department has ended the production of the penny after 232 years. It cost nearly 3 cents to produce a single 1-cent penny. Americans can continue to spend pennies at retailers, which ...