Advocates for ditching the penny cite its high production cost — almost 4 cents per penny now, according to the U.S. Mint — ...

The Mint expects that it will realize an immediate annual savings of $56 million by phasing out production of the penny, ...

WASHINGTON -- The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday. This move comes as ...

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out WASHINGTON -- The Trump administration says making cents doesn't make sense anymore.

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday. This move comes as the cost of ...