The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla ...
The president's halt on "wasteful" penny production could cause the value of the rarest one-cent coins to surge.
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 ...
Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.
President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be OK without the coin.
However, Raymond Lombra, professor emeritus of economics at Penn State University, isn’t convinced that businesses won’t try to profit from the penny’s demise by increasing prices.
President Donald Trump said he’s instructed the Secretary of the US Treasury to stop making new pennies, writing that they “literally cost us more than 2 cents.” He’s right — in fact, each US penny ...