Elon Musk’s Department of Government Efficiency has a new target to cut costs: the US penny. CNN’s Boris Sanchez explains why ...

"DOGE's proposal completely misses the mark, penny elimination would be a costly mistake," Weller told MarketWatch. "A better solution is to produce a cheaper nickel, addressing the real driver of ...

Lucid Group Inc. (NASDAQ: LCID) stock has dropped to $2.72 per share. The company went public in the summer of 2021 via a ...

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 online ...

A real estate company had announced to sale 33.33 per cent shares of an associate company. The FII-backed realty company ...

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.

The premium fresh pet food maker was a big winner in 2024 as investors anticipated the shift to annual profits.

UMB Bank n.a. raised its position in Unum Group (NYSE:UNM – Free Report) by 8.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The ...

Arkadios Wealth Advisors grew its position in shares of GoDaddy Inc. (NYSE:GDDY – Free Report) by 45.7% in the 4th quarter, ...

Billionaire Elon Musk-led Department of Government Efficiency has set its sights on an unexpected target: the U.S. penny.

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

It could get even better—the social media company is an artificial intelligence top pick, according to Jefferies analysts who say investors shouldn’t be put off by high AI spending. Big Tech companies ...