News

See a penny, pick it up? In the future, probably not as often — and, some say, that matters
Ask someone for their thoughts: Could it now cost you a nickel? If you want to call somebody stingy, would you say they’re a ...
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 ...
Modern Engineering Marvels on MSN5h
The End of the Penny Era How Fiscal Efficiency and Price Adjustments Will Shape the Future
This move by the U.S. Treasury, motivated by rising production expenses and a call for fiscal frugality, has opened up an ...
What's next for the penny? The details on US decision to end penny production
Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.
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 ...
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 ...
US is ending penny production: How will you be impacted?
Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 ...
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.
US Treasury unveils plan to end production of penny coin
The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...
Will famous penny sayings outlast the coin itself?
The Treasury Department said it plans to stop manufacturing the penny, calling time on one of the first coins minted by the U ...