President Donald Trump has ordered the U.S. Treasury to stop minting the penny, reviving the debate over the future of America’s smallest coin.

For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful! Trump wrote on Truth Social.

The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...

Prices of industrial metals in the U.S. extended gains on Tuesday, reflecting the impact of U.S. President Donald Trump's 25% ...

Trump tariffs on metals from Canada, Mexico, and China lead to retaliatory measures, impacting global markets, metal prices, and sparking fears of a wider trade war.

Trump’s halt to minting of pennies won’t harm Arizona copper industryMost copper mined in the U.S. comes from Arizona. But ...

History has shown that gold has always been one of the most secure stores of value, especially during times of economic ...

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

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

Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...

In the fiscal year of 2023, the U.S. spent $179 million in tax dollars on the production of 4.5 billion pennies.