He uses them to operate more than 50 penny pressing machines throughout the Bay Area. The most popular one is located on Pier ...

The federal government made its final order of penny blanks in May − the first step to end the production of the 1-cent coin, ...

The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...

President Donald Trump ordered U.S. Treasury Secretary Scott Bennett in February to stop the production of 1-cent coins after ...

Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.

The decision to halt penny production didn’t come as a surprise to those in the coin-collecting world. “I really thought we’d ...

The end of penny production, reported earlier by The Wall Street Journal, comes a few months after President Trump ordered the Treasury Department to stop producing them as a cost-saving measure ...

The penny will soon be a thing of the past. The U.S. Treasury will soon stop minting the coin in early 2026. The decision ...

What to know about the $1,000-per-child ‘Trump accounts’ In a 2022 report from the Federal Reserve, officials warned that “drastically reducing or ending the production of the penny” could ...

After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.

The U.S. Mint will stop making pennies once its final supply of blanks is gone, following a Trump administration directive ...

In recent weeks, Republican and Democratic lawmakers introduced separate bills in the House of Representatives and the Senate calling for an end to penny production. The change means that ...