The penny, whose face value is a modest 1 cent, cost about 3.7 cents to make last year. They aren’t the only expensive coin.

The money-transfer company's move came after the U.S. State Department last week renewed sanctions against the island nation.

"For far too long the United States has minted pennies, which literally cost us more than 2 cents," Trump wrote in a post to ...

President Donald Trump has ordered the U.S. Treasury to stop minting the penny, reviving the debate over the future of America’s smallest coin.

Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a ...

President Donald Trump promised to penny-pinch the federal budget if reelected. Turns out he meant that literally.

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime.

There’s actually precedent for that. In 2020, the U.K.’s Royal Mint said it would stop producing 2p coins (as well as £2 coins) for a decade because there was an overabundance of them. The coins ...

An Australian coin collector has urged people to keep an eye out for a gold $1 coin that has an error making it worth as much ...

Unfortunately for anyone who loves shiny new pennies, President Donald Trump announced on Sunday that he had instructed the ...