Phrases such as penny for your thoughts or stop being a penny-pincher may have to change — pun intended. President Trump said Sunday he told the U.S. Treasury Department to stop minting pennies.

He’s right — in fact, each US penny costs 3.7 cents to produce and distribute as of 2024. Pennies and nickels cost more than they were worth for the 19th consecutive fiscal year, according to ...

WASHINGTON, D.C. – Americans have a message for the penny: Good riddance. “It’s probably the only good idea I’ve heard in the last two weeks,” said Walt Rok, who was visiting the ...

President Trump wants to end production of the penny It takes about 3.7 cents to produce and distribute one penny A 233-year run could be over. President Donald Trump announced Sunday that he is ...

he said in a post on his Truth Social platform. “Let’s rip the waste out of our great nations budget, even if it’s a penny at a time.” Trump actually undersold the cost argument ...

Elon Musk's Department of Government Efficiency is targeting one of the federal government's most notorious examples of waste: the penny. Getting rid of the penny would be an early test of DOGE's ...

Elon Musk, the billionaire part entrepreneur and part Cabinet member known for his groundbreaking and disruptive innovations, including Tesla, SpaceX and Neuralink, has recently been vocal about ...

Daniel Penny, the Marine veteran who was cleared last year in a subway killing that drew widespread attention, has joined Andreessen Horowitz as a deal partner. Penny will support the venture ...

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