The Treasury Department placed its final order of penny blanks this month, a spokesperson said.The US Mint estimates $56 ...

WASHINGTON (AP) — The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run ...

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

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

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 Thursday.

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 ...

Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.

The U.S. Treasury placed its final order for penny blanks, marking the beginning of the end for the one-cent coin, a ...

The US Mint will stop producing pennies after its final batch, anticipating an immediate annual savings of USD 56 million.