Some defenders of the penny also point to charities, which have historically been able to collect huge sums of coins because of how easy many people find they are to give away, though according to ...

Two cents can’t even get you a penny. President Trump’s newly minted Department of Government Efficiency has a shiny new target for its cost-cutting mandate — the United States penny which ...

Due to inflation, it now costs a nickel for your thoughts instead of a penny. Over the weekend, President Trump ordered the U.S. Treasury to stop minting pennies, citing wastefulness. The price of ...

Have you actually used a penny to make a purchase recently ... What do people today spend pennies on? It's even been endorsed by past presidents from across the political divide, including ...

RICHMOND, Va. (AP) — The lowly penny, the forgotten mainstay of coin jars and car cupholders everywhere, may soon be no more. President Donald Trump announced Sunday he’s ordered his ...

MIT professor Jeff Gore, who founded Citizens to Retire the Penny, said coins are supposed to stay in circulation for about 30 years and that in the last three decades the U.S. Mint has made about ...

President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent. “For far too long ...

They’re in Denial Actually, We Need Less Empathy Inflation ruined the penny — it’s time to give it a decent burial. The Department of Government Efficiency, the new cost-cutting advisory ...

Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as change. And since the Covid-19 pandemic, more consumers are shopping ...