News

The federal government made its final order of penny blanks this month — the first step to end the production of the 1-cent ...
The agency did not specify how long the inventory was expected to last, so it's unclear exactly when pennies will no longer ...
Holt points to traditions of putting pennies in loafers, of rhymes like “See a penny, pick it up, all the day you'll have ...
The impending “death” of the U.S. penny has spotlighted the coin’s own price tag — nearly 4 cents to make and distribute each ...
WASHINGTON -- The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, ...
The push to eliminate penny production has received support from lawmakers on both sides of the political aisle.
The Treasury Department announced this week that it will stop putting pennies into circulation by early 2026, and said that when the coins are eventually in short supply, businesses will need to start ...
The U.S. Treasury Department has taken a large step toward officially eliminating the one-cent coin, ordering its final batch ...
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 ...
ET By Chris Isidore and Matt Egan, CNN (CNN) — The US Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the department said in a statement ...
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).