President Donald Trump has directed the U.S. Treasury to cease the production of pennies, aiming to curb unnecessary ...

Proponents of eliminating the coin have cited cost savings on their production and speedier checkouts at cash registers.

MILWAUKEE - As President Donald Trump continues to unveil new executive actions within his first month in office, the commander in chief is now targeting ...

The U.S. Mint said in fiscal 2024, it took about 3.69 cents to produce and distribute one penny, a 20.2% increase from 2023.

For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” ...

USDC, the US-dollar-pegged stablecoin from Circle, has seen a 23.4% increase in market cap over the past month.

Donald Trump has declared on his Truth Social platform on Sunday that he wants to cease production of the U.S. penny, writing ...

President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one ...

Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.” ...