The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...

President Donald Trump says the small coin is "so wasteful" and should be abolished, with an estimated saving of $56m (£41m) ...

The federal government is pulling the penny from circulation, ending a historic run for the coin dating back to the country's ...

Since 1909, the profile of President Abraham Lincoln has adorned the obverse side of the coin that is made of zinc and copper. Trump has described spending on penny minting as 'wasteful' ...

President Trump is set to host a private dinner Thursday night with the top investors in his meme coin, who spent millions of ...

The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out its penny in 2012. In the U.S., the Department of Defense stopped using ...

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

President Trump is hosting an exclusive dinner tonight for the largest investors in the $TRUMP meme coin, putting the murky world of cryptocurrencies on a collision course with White House ethics.

The $TRUMP meme coin dinner has been criticized for being a lobbying backdoor for foreign nationals, who are barred from directly donating to campaigns.

Friday is National Lucky Penny Day, but the future for the penny is not looking so lucky. The U.S. Treasury confirmed ...

The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump asked the agency to stop producing the coin that has been part of the ...

Top investors in President Donald Trump’s meme coin are dining with him at his luxury golf club in Northern Virginia ...