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

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

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

In a move that could ultimately save U.S. taxpayers millions of dollars, the new Department of Government Efficiency seems to be eying eliminating the penny. As the […] ...

Donald Trump is in office, and he has signed an executive order to create DOGE – the Department of Government Efficiency — with Elon Musk leading the way. The purpose of DOGE is, supposedly, to cut ...

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

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 ...

From ancient emperors to modern economics, collectible coins are making headlines. But can Swifties or Musk influence the ...

A total of $289 was made by the Mint. Despite a $90 bill, the coin earned $1.0 million in seigniorage -- the difference between its market value and its cost to make. The penny and nickel drag a total ...

Trump has put Musk, the world's richest man and the CEO of Tesla, X, and SpaceX, in charge of the Department of Government Efficiency, which is not actually a federal agency, but more of a small ...

At the Trump administration’s so-called Department of Government Efficiency, Elon Musk has revived the great penny debate, a long-running call to discontinue the one-cent coin. And according to ...