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

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

The Treasury Department said Thursday it’s planning to end production of the penny in an effort to phase out one of the ...

By stopping the one-cent coin’s production, one official says the Treasury expects an immediate annual savings of $56 million ...

An immediate annual saving of $56 million in reduced material costs is expected by stopping penny production, according to a ...

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

Treasury plans to phase out production in 2026 Expects ... in the House of Representatives and the Senate calling for an end to penny production. The change means that businesses will have to ...

The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin.

The U.S. Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the ...