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.
It was Theodore Roosevelt — a lifelong admirer of Abraham Lincoln — who ordered the U.S. Mint to introduce copper pennies ...
The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S. Mint to stop producing the coins. That followed an assertion by Elon Musk of the Department of ...
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 ...
President Trump isn't the first politician to call for the end of the penny — but getting rid of it may not be easy. The ...
President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional approval? What we know.
Donald Trump agreed to delay tariffs on Mexican imports after “a very friendly conversation” with Claudia Sheinbaum. Follow ...
ANALYSISAs the undeclared election campaign continues to be waged by the Albanese government and the Coalition, the issue of jobs and the labour market has emerged as a key battleground. Amid ...