The phrase “to coin money” is a bit vague. So to fix that, the United States’ second Congress passed the Coinage Act of 1792, ...

If your bill comes to 98 cents and you hand the seller a dollar, you expect to get your two cents back. Inflation hit ...

The trouble with being the sort of person who gives credit where due is the sort of people you sometimes have to give credit ...

It was a question begging to be asked after President Trump ordered the U.S. Treasury to stop minting pennies: What would ...

Eliminating the penny via a social media post, like President Donald Trump did,, isn't just legally dubious. It could cause ...

The U.S. government loses less than $10 million a month minting pennies. In theory, Congress could pass legislation eliminating the penny and requiring rounding within a month or two. The cost to the ...

It was Theodore Roosevelt — a lifelong admirer of Abraham Lincoln — who ordered the U.S. Mint to introduce copper pennies ...

Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...

On Sunday, President Donald Trump announced on social media platform Truth Social he has directed the Treasury Department to stop producing new pennies, saying. “For far too long the United States has ...

The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the ...

The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies ...