The U.S. Treasury Department announced that it will begin winding down production of the penny, ending more than 230 years of minting the 1-cent coin. The penny will remain legal tender and will ...

Change is coming, but it won't be in the form of a penny anymore. After 233 years of production, the U.S. Treasury Department announced that the production of the penny will come to an end ...

The American penny isn’t going anywhere anytime soon. The US Treasury Department announced Thursday that it plans to start winding down production of the one-cent coin it has been minting for ...

The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department. By Alan Rappeport and Karoun Demirjian The Treasury Department is winding ...

OCEAN CITY, MD – The U.S. Treasury Department confirmed last week that penny production will cease in early 2026, and while cashless payment methods become increasingly common, there's one ...

The Treasury Department said it plans to stop manufacturing the penny, calling time on one of the first coins minted by the U.S. government. The federal agency placed its final order for penny ...

OK, maybe those are some minor, small-stakes, dare we say penny-ante concerns in the wake of the U.S. Treasury confirming Thursday that it will stop making shiny new penny coins after the current ...

The penny’s run is coming to an end. First minted in 1792, it has been in circulation constantly. It wll be sunseted next year. Afterward, things that cost a penny must “round up” or ...

THE HEARST TELEVISION DATA TEAM IS HELPING TO MAKE SENSE OF THIS. IT FOUND THE PENNY WHOSE FACE VALUE IS $0.01, COSTS ABOUT 3.7 CENTS TO MAKE LAST YEAR. WHILE PENNIES HAVE BEEN THE FOCUS OF ...

The US Treasury may soon halt the production of the US penny at their national mints, according to a recent announcement. The lowest value coin of the United States would eventually be phased out ...