President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. “For far too long the United States has minted ...

The decision comes nearly nine months after President Donald Trump ordered the Treasury Department to stop production of the 1-cent coin The U.S. Mint has reported that the unit cost for the coin has ...

Why is the Mint ending penny production? Earlier this year, President Donald Trump called on the Treasury Department to stop minting new one-cent coins, calling them “wasteful.” A few months later, ...

The U.S. Mint pressed its last penny on Wednesday, Nov. 12, marking the latest milestone in the U.S. penny's end. The last penny was stamped at the Philadelphia U.S. Mint Wednesday, Nov. 12. U.S.

Pennies are quietly exiting American life, but the jars and coffee cans full of them are not going anywhere on their own. As ...

Treasury Secretary Scott Bessent struck the final five pennies on Wednesday — each bearing a rare omega mark — ending U.S. penny production and creating collectors' items that could fetch millions at ...

NEW YORK — The United States is running out of pennies. President Donald Trump's decision to stop producing the penny is starting to have real implications for the nation's commerce. Merchants in ...

The U.S. has officially stopped producing pennies because they cost more to manufacture than their one-cent value. While production has ceased, pennies remain legal tender and are still accepted as ...

The U.S. Mint has halted production of the circulating penny after the Treasury Department concluded new one-cent coins are no longer needed, even as existing pennies remain legal tender and will stay ...

The Philadelphia Mint has officially pressed its final batch of pennies, marking the end of an era in U.S. coin production.