Significant concerns have been raised about the number of retired Australians struggling in their twilight years as they rent ...

The president has ordered the U.S. Treasury Secretary to stop the production of new pennies, the latest move in his ongoing ...

One-cent U.S. coin known as the penny is shown in this illustration picture, after U.S. President Trump informed on his Truth ...

When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that costs ...

While there are arguments both in favor of keeping the penny and for ditching the small copper and zinc coins, one group may experience the end of the cent coin more acutely than others: small ...

Trump is so determined to restore sanity to federal finances that he is leaving no stone unturned when it comes to looking ...

President Trump claims he has instructed the U.S. Treasury Department to stop producing pennies, calling the 1-cent coin ...

As part of his plan to cut alleged federal government waste, President Donald Trump is literally pinching pennies, ordering ...

Numismatic Auctions LLC’s Auction Sale #69 will take place online in a live/timed format from February 17 through February 20 ...

That's how much it cost the U.S. Mint to make a one-cent coin last year, up from 2.1 cents in 2021. In fact, the agency lost $85.3 million last year on the pennies it produced. But scrapping them ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime.

Do pennies still have an economic or social function anymore? A D.C.-area economic expert shares his take, as President Donald Trump wants penny production to end.