News

The penny costs nearly 4 cents to make. Here’s how much the US spends on minting its other coins
The impending “death” of the U.S. penny has spotlighted the coin’s own price tag — nearly 4 cents to make and distribute each ...
The penny will be phased out by 2026—Here's what it means for Americans
The department says it has placed its final order for penny blanks, and production will end when they run out, which will ...
Could the penny become extinct?
It may be time to start collecting pennies.
Stop making cents: US Mint moves forward with plans to kill the penny
The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.
The Penny Is On the Way Out. Can You Still Buy Something With It?
The U.S. government is no longer going to mint pennies, and soon cash retail transactions will be rounded to the nearest ...
An Ode to the Penny, Departing After 233 Years of Service
After more than 200 years, we bid farewell to our small-denominated currency that grew to become a symbol of thriftiness and ...
See a penny, pick it up? In the future, probably not as often — and, some say, that matters
Holt points to traditions of putting pennies in loafers, of rhymes like “See a penny, pick it up, all the day you'll have ...
End of the Penny Grows Near
The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.
With the penny going away, what should you do with the ones in your coin jar?
“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at NerdWallet. Both NerdWallet and Bankrate offer tip sheets on exchanging coins for ...
Bessent claims America can ‘retool’ nickel as Treasury pledges to end penny production
Treasury Secretary Scott Bessent claimed Friday that the United States can ‘retool’ the nickel following an announcement that ...