The U.S. Treasury is ending penny production due to high costs and low usage, sparking debate over its financial benefits and ...
Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...
Bitcoin-themed meme coin BTC Bull Token ($BTCBULL) has raised over $900,000 within just 48 hours of its presale launch.
The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...
In a nation where money is counted in pounds, the measure of coins is given great weight — and a lavish ceremony. Judges in ...
Do pennies still have an economic or social function anymore? A D.C.-area economic expert shares his take, as President Donald Trump wants penny production to end.
For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a post on Truth Social.
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 ...
Former President Donald Trump has ordered the US Treasury to halt penny production, citing its manufacturing costs, which ...