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

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

The penny has been around "nearly as long as America ," said Oyin Adedoyin and Ken Thomas in The Wall Street Journal.

The budget decision is a blow to supporters of the replacement of New Kent Elementary School, a $60 million project the ...

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

After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.

As the U.S. Mint prepares to produce the final pennies put into circulation early next year, the future of the copper-colored coin has sparked conversation among collectors and shop owners. Months ...

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

President Donald Trump has also pushed the Treasury Department to stop minting new pennies. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so ...

The federal government is pulling the penny from circulation, ending a historic run for the coin dating back to the country's ...

The cost of producing a single penny has already skyrocketed to about 4 cents, while consumers have mostly shifted to digital ...

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.