Economy Sep 05

One-cent U.S. coin known as the penny will stop production
Watch 3:45
Does it make sense to keep minting the penny?

The penny could soon be a thing of the past. President Trump is pushing to end production of the one-cent coin, citing its rising costs. Each penny costs nearly four cents to make and scrapping it could save taxpayers about…

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…