The penny design included 'Liberty,' a 'Flying Eagle' and an 'Indian Head' The penny was originally made of pure copper and now made of a copper-coated zinc composition With rising production ...

Elon Musk's Department of Government Efficiency is targeting one of the federal government's most notorious examples of waste: the penny. Getting rid of the penny would be an early test of DOGE's ...

MACON, Ga. — That old copper penny in your pocket might be going the way of the silver dollar. Over the weekend, President Donald Trump said he ordered the US Mint to stop making pennies.

he said in a post on his Truth Social platform. “Let’s rip the waste out of our great nations budget, even if it’s a penny at a time.” Trump actually undersold the cost argument ...

Now, it seems to have a new prey: the penny. In an X post on Tuesday, DOGE (which the Trump administration was immediately sued over on Inauguration Day), wrote that the penny costs more than ...

President Trump wants to end production of the penny It takes about 3.7 cents to produce and distribute one penny A 233-year run could be over. President Donald Trump announced Sunday that he is ...

Let’s rip the waste out of our great nations budget, even if it’s a penny at a time,” Trump said in a post to social media as he returned to Washington from the Super Bowl. The penny has ...

He’s right — in fact, each US penny costs 3.7 cents to produce and distribute as of 2024. Pennies and nickels cost more than they were worth for the 19th consecutive fiscal year, according to ...

We're going to check out a few of the best picks from our screener tool. Overview: Great Elm Group, Inc. is an asset management company that operates in credit, real estate, specialty finance, and ...

President Donald Trump unveiled plans Sunday to halt production of the penny — but getting that initiative underway requires a few additional steps and possibly congressional approval.

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.