The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin, a Treasury Department official ...

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

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

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

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

"Confirming the WSJ story, the Treasury has made its final order of penny blanks this month and the United States Mint will ...

The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the ...

The federal government made its final order of penny blanks this month — marking the first step to end the production of the one-cent coin, a spokesperson for the U.S. Department of the Treasury ...

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 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.