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

The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out ...

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

The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the ...

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

The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...

The US Treasury will stop putting new pennies into circulation at the beginning of 2026, it was announced on Thursday Pennies ...

The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a move that is ...

The Treasury Department said it plans to stop producing the penny — as the cost to create the coin is nearly four times its worth. The U.S. Mint made its final order of penny blanks and said it ...

But many Americans regard both nickels and pennies as more nuisance than currency. The typical household is sitting on $60 to $90 in neglected coins, enough to fill one or two pint-size beer mugs, ...

The United States Treasury is planning to phase out the penny, which is minted at the U.S. Mint in Philadelphia.

The Treasury Department will begin phasing out the penny early next year, ending a run for a mainstay piece of American ...