The government loses nearly three cents on every penny it mints. On a nickel, it loses nearly nine cents. More nickels would mean steeper losses. America could kill both the penny and the nickel, the ...

Got a piggy bank full of pennies? The small currency will soon be a thing of the past, but don't think you are sitting on a gold mine just yet.

The penny is outdated and inefficient and no longer serves the needs of our economy,” said Sen. Kirsten Gillibrand, the New ...

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