After more than 230 years of steady service, the humble one-cent piece is retiring—for now. The United States Mint pressed ...

The U.S. Mint has ended production of the penny, a change made to save money and in recognition of the growing irrelevance of the 1-cent coin. The last pennies were struck Wednesday at the mint in ...

The president isn't the first person to call for an end to the penny, and this issue is deeper than wasteful spending. Thomas is a native of upstate New York and a graduate of the University at Albany ...

The final printing of pennies took place on Wednesday in Philadelphia, bringing an end to mintings of the 1-cent denomination in US currency. While the penny still retains its value of $0.01, some ...

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. Months after President Donald Trump called on his ...

PHILADELPHIA (AP) — Back in 1793, a penny could get you a biscuit, a candle or a piece of candy. These days, many sit in drawers or glass jars and are basically cast aside or collected as lucky ...