Add Yahoo as a preferred source to see more of our stories on Google. The newly established Department of Government Efficiency (DOGE) may have a new penny-pinching tactic. The U.S. penny, which has ...

Until recently, passersby may not have bothered to stoop to pick up a penny. That changed when President Donald Trump directed the U.S. Department ...

That's how much it cost the U.S. Mint to make a one-cent coin last year, up from 2.1 cents in 2021. In fact, the agency lost $85.3 million last year on the pennies it produced. But scrapping them ...

Producing pennies cost taxpayers more than it's worth, with each penny costing 3.7 cents to make in 2024. The rising cost of metals like zinc and copper contributed to the increased production cost.