The Trump administration hopes to save big bucks by phasing out the penny. The Treasury Department has placed its last order for blank pennies and plans to stop minting the 1-cent coins as soon as ...

President Donald Trump is calling for an end to the production of pennies, arguing that the cost of minting them far exceeds their actual value. As he departed the Super Bowl in New Orleans on Sunday ...

Washington lawmakers are considering legislation that would eliminate the need for pennies at the checkout counter by requiring cash transactions to be rounded to the nearest five cents.

The U.S. did away with its one-cent coin, which means the focus may be shifting to the next-lowest coin.

The end of penny production has landed unevenly thus far across Oklahoma’s business landscape, as some have adjusted their cash handling, among other measures, while others have yet to see an impact.

Two months after the suspension of penny production in the U.S., retailers and bankers across Colorado are still navigating the decision. Even as federal guidance remains scarce, many say the change ...

Add Yahoo as a preferred source to see more of our stories on Google. A file photo of pennies. The State Department of Consumer Protection is advising businesses to round charges down when making ...

Your pennies could be worth far more than a single cent — and there’s an easy ways to tell. Auction company Stack’s Bowers Galleries in California revealed that it garnered a total of $16.76 million ...

The decision by the Trump administration to stop minting pennies that cost more than 2½ times their face value to make might be one of the most logical of the first year of the president’s second term ...

KNOXVILLE, Tenn. (WATE) — With the U.S. Treasury Department no longer putting new one-cent coins into circulation and businesses reporting a growing penny shortage, the Tennessee Comptroller’s Office ...