The one cent coin costs more to produce than its value and is nearly obsolete in retail. But it has its supporters.

When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first ...

It costs more than its value to mint a Rs 1 coin, with production costing Rs 1.11. However, higher denominations like Rs 2, ...

The fashion world pondered the future of the iconic shoe after learning that a presidential order might eliminate the penny.

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

Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a ...

President Donald Trump promised to penny-pinch the federal budget if reelected. Turns out he meant that literally.

Advocates for ditching the penny cite its high production cost – currently almost 4 cents per penny, according to the U.S.

President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...

President Donald Trump directed the Treasury Department to stop minting new pennies Sunday, citing the high cost of ...