The Treasury Department has pledged to stop producing the penny by early next year. Here's why — and what becomes of your one-cent coins.

American currency as we know it today has been in circulation since 1792. Founding Fathers, past presidents, and a selection ...

But many Americans regard both nickels and pennies as more nuisance than currency. The typical household is sitting on $60 to ...

President Donald Trump has ordered the Treasury to stop minting pennies because their production cost exceeds their value.

The U.S. Treasury Department expects penny production to fully end when its stock of materials runs out in 2026.

The U.S. Treasury announced that, by early next year, it will cease making new pennies, which cost almost four times to make what they are actually worth. But Faith Salie says that, while phasing out ...

Goodbye, pennies … hello, cash! If you have any of these pennies in your coin jars, here's exactly what you need to do.

The penny will soon be a thing of the past. The U.S. Treasury will soon stop minting the coin in early 2026. The decision ...

Phyllis Resnick, Colorado Futures Center's lead economist, told Newsweek that the loss of the penny will become the "most burdensome on low-income households," pointing to their purchases of ...