The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying ...

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it cost about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

At least one corner of the zinc lobby doesn't appreciate President Trump's penny pinching plan. Why it matters: The ...

With billions of pennies already present, the store owner said halting the coin’s production will not have a significant ...

Plenty of others have as well. Most of these coins were “clad,” meaning they were made of multiple metals such as nickel, copper and zinc that are layered together like a sandwich, according ...

The total losses are almost certainly much larger: The data does not include transactions that took place on a series of popular crypto marketplaces that started offering the coin only after its ...