The U.S. Mint is set to stop producing pennies, marking the end of an era. With production costs soaring and the utility of ...

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

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

The Treasury Department announced this week that it will stop putting pennies into circulation by early 2026, and said that when the coins are eventually in short supply, businesses will need to start ...

The Treasury just placed its final order of penny blanks, all of which are expected to be minted by early 2026. Eliminating ...

“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at NerdWallet. Both NerdWallet and Bankrate offer tip sheets on exchanging coins for ...

After more than two centuries in circulation, the penny will soon be history. The U.S. Treasury announced Thursday that ...

There is currently no official plan to recall pennies, and financial institutions are expected to continue accepting them. While pennies will remain legal tender, they will gradually disappear from ...

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

Move follows directive from President Trump issued over growing bipartisan support in Congress to phase out pennies ...

President Donald Trump in February directed Treasury Secretary Scott Bessent to cease production of the coin. Trump has ...

The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump ...