Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint ...

Canada's premiers are staging a charm offensive in Washington, D.C., as they connect with business groups and Republican lawmakers who could sway U.S. President Donald Trump away from imposing steep ...

President Donald Trump is seeking to end production of new pennies. An expert told FOX Business the effect on consumers will ...

For far too long the United States has minted pennies which literally cost us more than 2 cents,” the president said in a ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime.

President Trump said Sunday that he had asked the U.S. Treasury Department to stop minting new pennies, part of an effort to ...