It found the penny to cost 3.7 cents to produce, so every penny costs around four pennies to make! While pennies are the focal point of conversation, nickels, dimes and quarters have also risen in ...

The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla ...

The penny, whose face value is a modest 1 cent, cost about 3.7 cents to make last year. They aren’t the only expensive coin.

Inflation has killed a lot of things. The penny might soon join the list.

But banishing the penny could alter the prices of many small-ticket goods. "Prices would have to be rounded to the nearest ...

The penny debate has arisen before, and skeptics have worried that businesses would tend to “round up” their prices to the closest nickel if the penny was eliminated, worsening inflation.

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.

The penny debate has arisen before, and skeptics have worried that businesses would tend to “round up” their prices to the closest nickel if the penny was eliminated, worsening inflation.