A penny in 2024 cost 3.69 cents to make, up about 20% from 2023 due to the cost of materials, including zinc. Read more at ...

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 ...

The U.S. Mint is now selling the 2025 Native American $1 coin, which features Hawaiian scholar and composer Mary Kawena Pukui.

Digital asset researcher Coin Metrics expects Coinbase to report some $2B in revenue for Q4 2024 following a sharp uptick in ...

President Donald Trump promised to penny-pinch the federal budget if reelected. Turns out he meant that literally.

The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...

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

For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a ...

Trump’s halt to minting of pennies won’t harm Arizona copper industryMost copper mined in the U.S. comes from Arizona. But ...

President Trump has halted penny production due to high costs, but experts say the coin isn’t disappearing. MOLINE, Ill. — President Donald Trump has ordered the minting of new pennies to stop, citing ...

President Trump claims he has instructed the U.S. Treasury Department to stop producing pennies, calling the 1-cent coin ...

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