Treasury Secretary Scott Bessent claimed Friday that the United States can ‘retool’ the nickel following an announcement that ...

The Treasury Department said Thursday it’s planning to end production of the penny in an effort to phase out one of the ...

The federal government made its final order of penny blanks this month — marking the first step to end the production of the ...

The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...

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

The Mint expects that it will realize an immediate annual savings of $56 million by phasing out production of the penny, ...

The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump ...

In a landmark decision, the U.S. Treasury Department has declared that the production of pennies will be discontinued from ...

The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out its penny in 2012. In the U.S., the Department of Defense stopped using ...

The U.S. Treasury Department announced May 22 its decision to phase out the production of the one-cent coin, with no new ...

OK, maybe those are some minor, small-stakes, dare we say penny-ante concerns in the wake of the U.S. Treasury confirming ...

The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a move that is expected to save $56 million each year.