Elon Musk has promised to find upward of $2 trillion in savings in a federal budget that is projected to spend $7 trillion in ...

In a post on X, President Trump’s Department of Government Efficiency, DOGE, led by billionaire Elon Musk, took aim at the cost of minting the 1-cent coin, a price tag that’s increased 20% in the last ...

A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.

Hive Digital’s Frank Holmes explains why Bitcoin’s smallest unit, Satoshis, could drive BTC to $1 million as demand for ...

(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal ...

Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.

Rounding prices to the nearest nickel would not have “any significant inflationary consequences,” a 2023 study found.

On X, DOGE pointed out the federal government spends more to produce the penny than its worth. But the penny has survived ...

The Department of Government Efficiency hinted it may be looking to eliminate the penny. Elon Musk's initiative says production of the coin is costing taxpayers millions of dollars.

According to International Precious Metals, only 2,000 were produced, and even fewer are known to exist today—hence their hefty worth. One of these coins once fetched $6.6 million at auction, while ...