Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a ...

Federal Reserve Chair Jerome Powell testified before the US Senate Banking Committee on Feb. 11, fielding questions on ...

The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...

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

As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.

President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...

The rolls, bags and boxes of 2025 Native American dollar coins from the United States Mint are priced 5% higher than those ...

The president's halt on "wasteful" penny production could cause the value of the rarest one-cent coins to surge.

Tether has selected Arbitrum to be the infrastructure provider for USDT0, the company’s new crosschain US dollar stablecoin.

President Trump said Sunday that he had asked the U.S. Treasury Department to stop minting new pennies, part of an effort to cut down on what he called wasteful government spending.

Over the weekend, President Trump ordered the U.S. Treasury to stop minting pennies, citing wastefulness. The price of ...

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.