Here's a rundown of U.S. Mint production costs from the government's latest fiscal year. Each penny costs nearly 4 cents — or $0.0369, to be exact — for the U.S. Mint to make and distribute.

By FATIMA HUSSEIN and ALAN SUDERMAN Associated PressWASHINGTON (AP) — The Trump administration says making cents doesn't make sense anymore.

Holt points to traditions of putting pennies in loafers, of rhymes like “See a penny, pick it up, all the day you'll have good luck,” of people who think an unexpected penny sighting could be a sign ...

Are your old pennies worth millions? Experts say you shouldn't bank on it. However, some wheat pennies could be worth ...

President Donald Trump has expedited the cessation of penny production, citing the escalating costs associated with their ...

Apple CEO Tim Cook called Greg Abbott to press him to stop the state’s proposed online child safety laws, report reveals Microsoft CPO says she 'fundamentally' disagrees with the idea that people ...

Foreign Affairs Minister Penny Wong has reaffirmed the government's commitment to climate action as she tours the Pacific region in her first solo overseas trip since Labor’s re-election. In a ...

The American penny will begin its slow fade into non-existence as the government plans stop making the U.S. currency next year.

The US Treasury Department says it will phase out production of new pennies early next year. It said that the cost of making ...

Fans of the penny cite its usefulness in charity drives and relative bargain in production costs compared with the nickel.

President Donald Trump wants to make the penny extinct and we're now one step closer on making that happen. The U.S. Mint ...

The U.S. Mint is set to stop producing pennies, marking the end of an era. With production costs soaring and the utility of ...