The ending of one-cent coin use in the United States moves closer to reality as carriers are no longer ordering or getting ...

Production for the 2025 token is from Rhode Island Creek. General Refining Corp., headquartered in Hempstead, New York, ...

Love’s, the network of travel stops and gas stations, said it’s already feeling the pressure from this new type of penny pinching, with its vaults running low.

Former President Donald Trump has ordered the US Treasury to halt penny production, citing its manufacturing costs, which ...

The U.S. Treasury Department announced that it will begin winding down production of the penny, ending more than 230 years of minting the 1-cent coin. The penny will remain legal tender and will still ...

Understand seigniorage, how it's calculated, and its effects on inflation. Learn how governments use it to manage revenue ...

MOLINE, Ill. — President Donald Trump has ordered the minting of new pennies to stop, citing the high cost of production. The decision isn't due to the penny’s usefulness, but rather the expense, with ...

EMAIL TO NOT PERFORM ANY WORK RELATED TASKS. THE BUREAU HAS NOT COMMENTED ON THE CHANGES.### PRESIDENT TRUMP SAYS HE HAS DIRECTED THE TREASURY DEPARTMENT TO STOP MINTING NEW PENNIES. THE PRESIDENT ...