The Treasury Department placed its final order of penny blanks this month, a spokesperson said. The US Mint estimates $56 million in annual savings, with the potential for more in the future.

The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department. By Alan Rappeport and Karoun Demirjian The Treasury Department is winding ...

OK, maybe those are some minor, small-stakes, dare we say penny-ante concerns in the wake of the U.S. Treasury confirming Thursday that it will stop making shiny new penny coins after the current ...

The Treasury Department said it plans to stop manufacturing the penny, calling time on one of the first coins minted by the U.S. government. The federal agency placed its final order for penny ...

THE HEARST TELEVISION DATA TEAM IS HELPING TO MAKE SENSE OF THIS. IT FOUND THE PENNY WHOSE FACE VALUE IS $0.01, COSTS ABOUT 3.7 CENTS TO MAKE LAST YEAR. WHILE PENNIES HAVE BEEN THE FOCUS OF ...

A penny saved was a penny earned. A penny bought your thoughts. A penny was pretty. A penny was pinched. A penny might even be hiding in your loafer. There won’t be as much of that anymore.

Change is coming, but it won't be in the form of a penny anymore. After 233 years of production, the U.S. Treasury Department announced that the production of the penny will come to an end ...

The federal government made its final order of penny blanks this month − the first step to end the production of the 1-cent coin, a spokesperson for the Treasury Department confirmed to USA TODAY.

OCEAN CITY, MD – The U.S. Treasury Department confirmed last week that penny production will cease in early 2026, and while cashless payment methods become increasingly common, there's one ...

Tanika Bromley, 33, has been released on bail on ... the "other matter" would be a consideration in the bail application. Sergeant Kennedy-Grills said while it was "very topical", it should ...

Grab your coin purse: The U.S. may be on the verge of ditching its penny. The U.S. Treasury is reportedly gearing up to stop putting new one-cent coins into circulation by early next year ...

The U.S. Treasury Department announced that it will begin winding down production of the penny, ending more than 230 years of minting the 1-cent coin. The penny will remain legal tender and will ...