The U.S. Treasury Department confirmed Thursday it will phase out production of the penny, fulfilling Trump’s directive to ...

The U.S. Mint on Thursday said it has ordered the last batch of pennies after President Donald Trump ordered the elimination ...

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

The US Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury ...

“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at NerdWallet. Both NerdWallet and Bankrate offer tip sheets on exchanging coins for ...

The United States Mint is ready to launch the next $1 coin in its American Innovation series, honoring NASA's retired space ...

“For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump ...

There is currently no official plan to recall pennies, and financial institutions are expected to continue accepting them. While pennies will remain legal tender, they will gradually disappear from ...