We pitch it, pinch it, squeeze and squander it. We stuff it in our loafers and offer it for our thoughts. A bad one always turns up and a pretty one is a splurge we heedlessly indulge. It’s the penny ...

The U.S. Treasury Department has stopped producing the penny after more than 230 years. It now costs 3.69 cents to produce a single penny, which is significantly more than its face value. Pennies will ...

The 1-cent coin has gone the way of the VHS player. The United States produced its last penny on Nov. 12 after nearly 240 years in circulation as the cost to produce the coin outpaced its value. At ...

The U.S. Mint will stop producing pennies after 233 years. The Treasury placed its last order for blank pennies in May. No timeline has been given for when pennies will be removed from circulation. It ...

The cost of making a penny has risen to more than twice the coin's face value. The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald ...

PHILADELPHIA — The United States plans to strike its last penny for circulation, part of an effort to retire the coin that has been used over 200 years and now costs more to produce than it is worth.