Despite the president’s directive to end penny production, the lowly coin has lots of time left. Some 240 billion pennies are ...

The Mint lost 2.69 cents per coin, or $85.3 million in total, on penny production in 2024, the report noted. Check Out: 4 Kennedy Half Dollar Coins That Are Worth Up to $150K Read Next ...

Robert McGee suggests billionaire Elon Musk should do the patriotic thing and fund the production of pennies himself.

The Mint lost 2.69 cents per coin, or $85.3 million in total, on penny production in 2024, the report noted. Discontinuing production of pennies doesn’t change the fact that they’re legal tender. It ...

For years, critics of the penny have pointed out that putting a ... a steady supply of small change because of the high costs of production. But in a digital world with the line blurring between ...

Fiscal year 2024 marked the 19th consecutive year that the penny (and the nickel) “remained above face value” when it comes to production costs. It’s unclear if Trump is hoping the country ...

President Donald Trump’s plans to end penny production have opened the door for ... made and evaluating our currency as a reflection of us and our ideas. Our money is how we choose to represent ...

For the sake of argument, let’s assume no one challenges the order to kill off production of the penny. A big problem remains. Even if the US stopped making pennies, they’d remain legal tender ...

Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it's contributions from our ...

DAYTONA BEACH, Fla (AP) — Cease production of the penny, let collectors gobble up what's left of the 1 cent coin, and there will still be one eternally glued to Dale Earnhardt’s old Chevrolet ...

The company maintains a strong financial position with short-term assets of US$238.5 million exceeding both its short-term and long-term liabilities, and more cash than total debt. Recent ...