The Department of Government Efficiency hinted it may be looking to eliminate the penny. Elon Musk's initiative says production of the coin is costing taxpayers millions of dollars.

According to the U.S. Mint, the cost to produce a single penny jumped 20% during the 2024 fiscal year to 3.69 cents.

A DOGE social media post details the cost of producing nearly valueless one cent coins, sparking speculation it may add pennies to its federal cost-cutting hit list.

Five more seven-figure coins were added to the record books, including 1927-D Saint-Gaudens at $3.84 million and 1798 Small Eagle $5 at $3 million ...

First Minister John Swinney has warned people should not travel in Scotland tomorrow ahead of the red weather warning alert issued by the Met Office for storm Eowyn ...

1926-S Lincoln Penny — $149,500 – Another Lincoln wheat penny, these are popular among collectors. If you have a mint bright ...

CTA selling activity in Copper and Aluminum is likely to weigh on these metals, reflecting the downside asymmetry in algo flows resulting from range-bound price action, TDS' Senior Commodity ...

Ed Sheeran has denied reports that he spent New Year’s Eve with Harry Potter author JK Rowling, calling the claims "divisive and damaging." The 33-year-old singer clarified the rumor in response to an ...

Learn about Costa Rica's new ₡500 coin commemorating the Annexation of the Nicoya Party. Discover its design, security ...

The use of cash has been declining in recent years, according to the Federal Reserve's 2024 report on consumer payments. Although the report doesn't specifically address penny usage, it notes that ...