In a penny-pinching move, the U.S. Mint has produced its last one-cent coin. The final penny was minted in Philadelphia Wednesday, 232 years after the first penny rolled off the production line. The ...

“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on Truth Social. “This is so wasteful! I have instructed my Secretary of the US Treasury ...

The Treasury Department has placed its last order for blank pennies and plans to stop minting the one-cent coins as soon as that’s exhausted. Each penny costs nearly four cents to produce, so the move ...

In February 2025, President Trump issued an order to end the minting of pennies, a move projected to save taxpayers millions annually. This decision is expected to have minimal impact on Arizona ...

The federal government stopped minting new pennies last week, but as one reporter who has extensively followed the saga of the little copper-colored coin discovered, there does not seem to be much of ...

In a Feb. 9 post on Truth Social, President Donald Trump announced that he had instructed the secretary of the U.S. Treasury to stop minting new pennies to eliminate waste — producing one penny costs ...

The average American household has $60-$90 in loose change, and Coinstar converts $3 billion in coins annually. While some advocate for eliminating the penny and potentially the nickel due to ...

President Trump has ordered the Treasury Department to stop minting pennies to save money. It costs almost 4 cents to make one, and as the president seeks to reduce federal spending, the penny is a ...

The Trump administration hopes to save big bucks by phasing out the penny. The Treasury Department has placed its last order for blank pennies and plans to stop minting the one-cent coins as soon as ...