“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at ...

After 233 years of production, the U.S. Treasury Department announced that the production of the penny will come to an end.

When are they getting rid of pennies? Why? How much is 1 million pennies? Here are answers to these questions and more ...

The federal government made its final order of penny blanks in May − the first step to end the production of the 1-cent coin, ...

While there will still be over a billion already existing pennies in circulation, no new cents will join their ranks for the ...

Coin production costs vary thanks to different raw metals used, complexity of their designs, labor needed and more.

It’s time for a bold, uniquely American solution: along with the recently announced penny, eliminate the nickel and the dime. Let the quarter rule. This isn’t satire. It’s efficiency.

By stopping the one-cent coin’s production, one official says the Treasury expects an immediate annual savings of $56 million ...

Pennies will still be legal tender, but cash prices will soon be rounded up or down to the nearest nickel (which cost even ...

President Donald Trump has ordered the Treasury to stop minting pennies because their production cost exceeds their value.

Thus, a trip to a coin-exchange kiosk (or a bank ... He is not alone in forecasting a future for the penny, the nickel, and their more profitable kin. “We’ve been much slower than parts ...

Many of those expenses have been on the rise — and the penny isn't the only coin entering our wallets today that costs more to make than it's worth (enter the nickel debate). Here's a rundown of ...