President Donald Trump in February directed Treasury Secretary Scott Bessent to cease production of the coin. Trump has ...

Move follows directive from President Trump issued over growing bipartisan support in Congress to phase out pennies ...

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

Holt points to traditions of putting pennies in loafers, of rhymes like “See a penny, pick it up, all the day you'll have ...

The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump asked the agency to stop producing the coin that has been part of the ...

The Treasury Department announced this week that it will stop putting pennies into circulation by early 2026, and said that when the coins are eventually in short supply, businesses will need to start ...

Pennies, composed of 97.5% zinc and 2.5% copper plating, now cost about 3.69 cents each to produce—nearly four times their ...

Here’s a rundown of U.S. Mint production costs from the government’s latest fiscal year. Each penny costs nearly 4 cents — or ...

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