With pennies no longer being made, Vequist said businesses are expected to start rounding cash purchases up. He predicts this ...

Gen Z would rather cut Social Security benefits for current retirees than pay higher taxes to save the program Archaeologists ...

The penny never made much sense at the checkout line, but it sure made dollars at auction. Coin collectors paid more than $16 ...

Earlier this year (Feb. 9, 2025), President Donald Trump decided that the U.S. Mint would no longer make new pennies because of the high cost. The U.S. Mint spent 3.7 cents to make each penny in 2024, ...

In February, President Trump ordered the Treasury Department to stop minting pennies because the government was losing money on every coin — since it cost 3.69 cents to produce every penny, the ...

With an estimated 250 billion pennies still in circulation, they're not going anywhere soon. However, collectors are ...

While the production of pennies might have ended earlier this year, enthusiasts can use penny press machines for years to ...

As the U.S. Treasury phases out the use of the penny, it’s creating a host of new challenges for businesses and consumers ...

Auction bidders spent top dollar for some of the final pennies to be circulated in the U.S. before the government ended the ...

The last pennies to be made by the U.S. Mint were auctioned Dec. 11 and the coins brought in a whopping $16.8 million.

In fact, they doled out millions for the final pennies circulated in the U.S. before the government ended the cent's ...