Around 4.1 billion pennies were circulated in 2023, costing the American taxpayers over $179 million. In 2024, $85 million.

Advocates for ditching the penny cite its high production cost — currently almost 4 cents per penny, according to the U.S.

If you wonder why the penny is going the way of the dodo bird, try to find a penny gumball machine. A penny simply isn’t ...

President Trump says he wants the Treasury Department to stop making pennies. He made the announcement yesterday citing the ...

The US penny has become the latest target of President Donald Trump's efforts to cut waste in the federal government, ...

Two decades ago, Raymond Lombra, a now-retired economist at Penn State University, warned of a "rounding tax" that could amount to at least $600 million a year if merchants were to routinely add a ...

The United Kingdom has not been a member of the EU for five years. Brexit, which was implemented by the Conservative government under Boris Johnson in 2020, is hitting the British economy particularly ...

Metal detectorists and archaeologists unearthed over 400 of ancient British, Roman and African coins linked to a military conquest, photos show. Photo from the Cultural Heritage Agency of the ...

However, some of the most valuable 50-cent pieces sell to coin collectors for thousands or even millions of dollars. The 1797 draped bust half dollar coin was the final draped bust design on the ...