Nation May 22

One-cent U.S. coin known as the penny will stop production
U.S. Mint moves ahead with plans to kill the penny

WASHINGTON (AP) — The Trump administration says making cents doesn’t make sense anymore. The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed…

Paul Solman answers questions from Next Avenue readers about what the U.S. Mint can learn from Canada about the penny and why Germany is pulling their gold from the New York Fed. Photo by Flickr user hto2008.

Paul Solman answers questions from Next Avenue readers about what the U.S. Mint can learn from Canada about the penny and why Germany is pulling their gold from the New York Fed. Photo by Flickr user hto2008.