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US President Donald Trump has announced a plan to stop minting one-cent coins, citing high production costs. Trump said in a social media post on Sunday that he instructed Treasury Secretary Scott ...

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 Donald Trump doesn’t ever need a penny to offer his thoughts, and on Sunday during the Super Bowl, he shared his on the penny. “For far too long the United States has minted pennies ...

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. Advocates for ditching the penny cite ...

You'll just have to wait for interest rates (and prices) to go down. Plus, this deal's a steel, the big carmaker wedding is ...

The average cost to make one penny rose to 3.69 cents in the last fiscal year, marking the 19th consecutive year the coin has “remained above face value,” per the latest U.S. Mint report.