Holt points to traditions of putting pennies in loafers, of rhymes like “See a penny, pick it up, all the day you’ll have ...

The department says it has placed its final order for penny blanks, and production will end when they run out, which will ...

The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out ...

After over 200 years, the United States government plans to stop making new pennies, the Treasury Department told the Wall ...

By stopping the one-cent coin’s production, one official says the Treasury expects an immediate annual savings of $56 million ...

The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the 1-cent coin.

The Treasury Department said it placed its final order for penny blanks this month as the U.S. moves to end production of the ...

Eliminating the penny is expected to save $56 million a year, according to the Treasury spokesperson. “There are about 114 ...

The push to eliminate penny production has received support from lawmakers on both sides of the political aisle.

The cost of producing a single penny has already skyrocketed to about 4 cents, while consumers have mostly shifted to digital ...