News

In a cost-cutting move, the Treasury Department will soon stop minting new pennies. The one-cent coins will still be legal ...
David L. Ganz, a prominent figure in American numismatics and public service, passed away peacefully in his sleep on May 20, ...
The US Treasury Department has placed its last-ever order to mint new pennies, officially ending the creation of the one-cent ...
It’s been a long time coming: two previous bills to cancel the penny had been proposed in 1990 and 2017, both by Arizona ...
At President Donald Trump’s behest, the U.S. is abandoning its cents. We’re talking about pennies, of course: The Treasury ...
The U.S. Mint will make pennies as long as the blanks exist, but once they run out, there will be no more pennies produced, ...
The Washington Post reported that the Treasury placed its final order for blanks this month with expectations that it will ...
President Donald Trump announced Sunday (Feb. 9, 2025) he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime.
Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.
The federal government made its final order of penny blanks this month — marking the first step to end the production of the one-cent coin, a spokesperson for the U.S. Department of the Treasury ...
Businesses will soon need to rethink how they price everyday goods as the U.S. Treasury begins phasing out the penny, ending over 230 years of use, The Wall Street Journal reports.  By early next year ...
As expected, Budget 2025 held few surprises, with spending aimed at promoting future growth rather than fixing more immediate ...