Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...

President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying ...

Before the penny, for 64 years, Americans had the half-penny. But like the half-penny, the 1-cent coin has now outlived its ...

Local businesses say vast majority of customers don't use cash. President Trump says the move makes sense due to high ...

Fox Valley neighbors react to President Trump's decision to cut penny production. The U.S. Mint reported that it lost nearly ...

EAST LANSING, Mich. (WILX) - President Trump announced that he has directed the Treasury Department to stop minting new pennies. The penny, which is made out of copper and zinc, costs nearly four ...

President Trump said Sunday that he had asked the U.S. Treasury Department to stop minting new pennies, part of an effort to cut down on what he called wasteful government spending.

President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.

President Donald Trump says he is banning federal use of paper straws, saying they “don’t work” and don’t last very long.