The government loses nearly three cents on every penny it mints. On a nickel, it loses nearly nine cents. More nickels would mean steeper losses. America could kill both the penny and the nickel, the ...

Dubbed as the Common Cents Act, the legislation lays out some details of how things might look when there are no pennies, ...

TRAVERSE CITY — The U.S. Department of Treasury has confirmed that the penny will be phased out of use beginning in 2026.

Paulina Gonzalez-Brito, chief executive officer of the San Francisco-based nonprofit Rise Economy, said the marginalized ...

The Treasury Department has pledged to stop producing the penny by early next year. Here's why — and what becomes of your one ...

After more than two centuries clinking in pockets, lining dusty piggy banks and being flung into fountains along with a wish, ...

The Consumer Financial Protection Bureau's erosion and the second phase of the Capital One merger with Discover are top of ...

Canada, for example, decided to phase out its penny in 2012. In the U.S., the Department of Defense stopped using pennies at its overseas bases in 1980 because it became too expensive to ship them.

The U.S. last week unveiled its plan to finally phase out the lowly penny. The Treasury Department has placed its last order ...

The United States Treasury is planning to phase out the penny, which is minted at the U.S. Mint in Philadelphia.

2025 Lincoln Penny. The United States Treasury is phasing out the minting and circulation ... sparking debate over its impact on pricing and consumer spending," read NewsRadio's report.

When Brewer crunched the numbers to analyze her potential impact in 2025 ... the players union opted out of its collective bargaining agreement with the league last October and will spend the ...