The US Treasury has begun phasing out the penny, it said in a statement to the Wall Street Journal late last week. The department made its final order of penny blanks earlier this month ...

It's the end of an era. The penny will soon be a thing of the past. The U.S. Treasury will soon stop minting the coin in early 2026. The decision comes amid rising production costs and declining ...

The department made its final order of penny blanks earlier this month, and the U.S. Mint will continue to manufacture the 1-cent coins until the inventory blanks are used up, the Journal reports.

He is not alone in forecasting a future for the penny, the nickel, and their more profitable kin. “We’ve been much slower than parts of Europe and Asia to adopt mobile payments and contactless ...

NEW YORK (AP) — The impending “death” of the U.S. penny has spotlighted the coin's own price tag — nearly 4 cents to make and distribute each, or quadruple its value. Coin production costs ...

OK, maybe those are some minor, small-stakes, dare we say penny-ante concerns in the wake of the U.S. Treasury confirming Thursday that it will stop making shiny new penny coins after the current ...

If you are also in the bull camp, it’s worth looking into some penny stocks with high upside potential. A surging broader market is going to disproportionately benefit these stocks, since mega ...