According to the U.S. Mint, producing a penny costs the government nearly four times more to make than its face value – a fact that has many people, including President Donald Trump, questioning the ...
TOLEDO, Ohio (WTVG) - A penny saved is a penny earned, right? Since the U.S. Treasury is winding down penny production, some major businesses are feeling the pinch. In May, the Trump administration ...
When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that costs ...
The penny’s run is coming to an end. First minted in 1792, it has been in circulation constantly. It wll be sunseted next year. Afterward, things that cost a penny must “round up” or “round down” to a ...
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New York — Ask someone for their thoughts: Could it now cost you a nickel? If you want to call somebody stingy, would you say they're a quarter-pincher? And if they spend money unwisely, are they now ...
Businesses in Massachusetts are getting more creative to deal with the shortage of pennies. Earlier this month, the U.S. Treasury stopped minting pennies because making the one-cent coins became too ...