The Treasury Department placed its final order of penny blanks this month, a spokesperson said. The US Mint estimates $56 million in annual savings, with the potential for more in the future.

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 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 ...

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 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 ...

A penny saved was a penny earned. A penny bought your thoughts. A penny was pretty. A penny was pinched. A penny might even be hiding in your loafer. There won’t be as much of that anymore.

The Treasury Department said Thursday it plans to phase out production of the penny, making good on President Donald Trump’s directive that the U.S. government stop producing its one-cent coin ...

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 ...

JEFFERSON CITY, Mo. (KFVS) - Friday is National Lucky Penny Day, but the future for the penny is not looking so lucky. The U.S. Treasury confirmed Thursday it ordered its last round of pennies ...

President Donald Trump has long been critical of penny production, as was his predecessor, former President Barack Obama. The move marks rare bipartisan agreement between Democrats and Republicans ...