For 232 years, the U.S. penny has been both celebrated and ignored, capturing the fascination of collectors and investors but tossed out of sight by almost anyone else. Now, a presidential directive ...

The U.S. Treasury Department has stopped producing the penny after more than 230 years. It now costs 3.69 cents to produce a single penny, which is significantly more than its face value. Pennies will ...

After nearly two centuries, the U.S. government is ending the production of the penny. The U.S. penny discontinuation means that, in time, these coins that you grew up with will no longer be in ...

The cost of making a penny has risen to more than twice the coin's face value. The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald ...

President Donald Trump has directed the secretary of the U.S. Treasury to stop producing the penny. In a Truth Social post on Feb. 9, Trump announced the directive, calling the minting of new pennies ...

PHILADELPHIA — The United States plans to strike its last penny for circulation, part of an effort to retire the coin that has been used over 200 years and now costs more to produce than it is worth.