Two decades ago, Raymond Lombra, a now-retired economist at Penn State University, warned of a "rounding tax" that could amount to at least $600 million a year if merchants were to routinely add a ...

(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal ...

They go in jars, sock drawers,” Seaborn said.More recently, last year, a New York Times Magazine story argued for abolishing the coin. “The necessity of abolishing the penny has been obvious ...

There used to be a saying — “pennies make dimes and dimes make dollars” — that stressed the importance of saving your money (the phrase later showed up in a country song). Today, some ...

Are you searching for legitimate ways to save money by embracing a frugal lifestyle? You’ve got company. After someone surveyed a frugal online community, these are the top-voted favorite and ...

"The penny costs ... not the only coin that costs more to mint than it's worth. The U.S. Mint's 2024 annual report noted that it spends about 14 cents to make and distribute each nickel.

Despite bipartisan recognition of the penny's costs since at least the 1970s, efforts to phase out or change the coin have repeatedly stalled in Congress, making it an ideal target for DOGE's ...

The penny was first minted in 1909 to commemorate the 100th anniversary of Abraham Lincoln’s birth and was the first coin to feature a presidents portrait.

The market cap of the president’s coin has soared to $8.4 billion since Friday night’s launch, while the first lady’s token is worth about $800 million, according to CoinMarketCap.

Americans once dreamed of a country that did not care about global greatness or glory. It was within our reach if we had been wise enough to grasp and hold it.