A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.

In an X post on Tuesday, DOGE (which the Trump administration was immediately sued over on Inauguration Day), wrote that the ...

Trump has put Musk, the world's richest man and the CEO of Tesla, X, and SpaceX, in charge of the Department of Government ...

Elon Musk's Department of Government Efficiency aims to cut U.S. penny production costs, sparking debate on currency reform.

Chrissy Teigen is saying goodbye to a friend who has been there for her family since she and singer John Legend first said, ...

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.

First of all, I learned *** lot from ... In fiscal year 2024, the US Mint said in its annual report that the U.S. penny costs about 3.7 cents to produce and distribute, up more than 20% from ...

Rounding prices to the nearest nickel would not have “any significant inflationary consequences,” a 2023 study found.

As the United States market experiences a surge, with major indices like the S&P 500 and Dow Jones Industrial Average posting their best weekly gains in months, investors are on the lookout for ...