Everything is making less cents. The US Mint has placed its final order of penny blanks and will stop producing the coin when ...

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

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury ...

The US Mint is ceasing penny production due to rising costs, a move expected to save the government $56 million annually.

Let's rip the waste out of our great nations budget, even if it's a penny at a time,' President Trump said in February.

The U.S. Mint’s annual report for 2024 found that a penny costs 3.69 cents to make. Its production resulted in a loss of $85 million for the Mint last year.

The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a move that is expected to save $56 million each year.

The Treasury Department will begin phasing out the penny early next year, ending a run for a mainstay piece of American currency first produced by the federal government in the 1790s.

Michigan and Republican House Conference Chairwoman discusses why the tax bill needs to pass amid some Republican members of ...

House Republicans are pushing to vote on their multi-trillion-dollar tax breaks package as soon as Wednesday, grinding out ...

President Donald Trump has implored House Republicans on Capitol Hill to drop their fights over his big tax cuts bill.