The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a move that is ...

The Washington Post reported that the Treasury placed its final order for blanks this month with expectations that it will ...

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

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

The Treasury Department will begin phasing out the penny early next year, ending a run for a mainstay piece of American currency first produced by the federal government in the 1790s. This month ...

Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.

Democrats and Republicans have long been critical of the penny, and President Trump called for its end back in a February social media post. Production will stop once the treasury runs out of the ...

I now hear that the U.S. Treasury is considering doing away with the penny altogether. My question is: What are we going to ...