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The U.S. Treasury Department will stop making new pennies, according to a statement on Thursday. The Wall Street Journal ...
The US Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the ...
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 U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.
It's been more than 230 years since the United States first produced the pennies that have been in circulation ever since.
The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin.
The cost of producing a single penny has already skyrocketed to about 4 cents, while consumers have mostly shifted to digital ...
President Donald Trump says the small coin is "so wasteful" and should be abolished, with an estimated saving of $56m (£41m) ...
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 United States Mint is ready to launch the next $1 coin in its American Innovation series, honoring NASA's retired space ...