Canadians are saving $11 million every year because of the penny, a Canadian official told Newsweek. Could the U.S. follow?

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.

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.

DOGE said on X that the penny costs over 3 cents to make and cost US taxpayers over $179 million in the 2023 fiscal year.

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

EUR/USD gathers bullish momentum and trades near 1.0500 on Friday. The upbeat PMI data from Germany and the Eurozone, which ...

President Donald Trump will make his first trip outside Washington since his inauguration, traveling to hurricane-ravaged Asheville, North Carolina, and then to Los Angeles to view wildfire damage.

It is 15 degrees Celsius outside, and the crisp air carries the faint scent of incense. A short drive through the vibrant ...

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $30.93 per troy ounce, up 1.47% from the $30.48 it cost on Thursday. Silver prices have increased by 7.05% since ...

President Donald Trump has expressed several times his desire to make Greenland a part of the U.S. by purchasing it from Denmark. What determines the price of a country?