In February, President Trump ordered the Treasury Department to stop minting pennies because the government was losing money on every coin — since it cost 3.69 cents to produce every penny, the ...

The final penny was struck by the federal government in mid-November, and shortages already had broken out nationwide before the last one left the U.S. Mint. It’s another chapter in the story of the ...

The demand for pennies seems to be growing. Now, the U.S. Mint stopped making pennies businesses are starting to feel the impacts. You may have seen signs at local stores talking about new ways to ...

The U.S. Mint has ended production of the penny, a change made to save money and in recognition of the growing irrelevance of the 1-cent coin. The last pennies were struck Wednesday at the mint in ...

Penny for your thoughts? The U.S. Treasury stopped making pennies this week, and Iowa collectors are puzzling over what to do with their bags of one-cent pieces, as some Iowa banks and businesses have ...

That grimy, circular piece of copper and zinc known as the penny is no longer being produced, but the tiny coin is still getting the last laugh. Less than a month after the last one was minted on Nov.

Alex Valdes from Bellevue, Washington has been pumping content into the Internet river for quite a while, including stints at MSNBC.com, MSN, Bing, MoneyTalksNews, Tipico and more. He admits to being ...

Although penny production has concluded, the 1-cent coin will "retain its value indefinitely" Jordana Comiter is an Associate Editor on the Evergreen team at PEOPLE. She has been working at PEOPLE ...

PHILADELPHIA (AP) — The U.S. Mint on Wednesday ended production of the penny, a change made to save money and in recognition of the growing irrelevance of the 1-cent coin. The last pennies were struck ...

PHILADELPHIA (AP) — The U.S. Mint on Wednesday ended production of the penny, a change made to save money and because the 1-cent coin that could once buy a snack or a piece of candy had become ...