Since pennies are a clear money-loser, it seems straightforward to think that getting rid of the penny would save taxpayers money. But it’s not that simple. Here, we explore potential consequences of four choices.
Can a penny saved finally be truly worth it? Collectors are asking that question this week after President Trump ordered the U.S. Treasury Department to stop minting the penny. "For far too long the United States has minted pennies which literally cost us more than 2 cents.
Jacob Penny of Empire has been named to the Kennesaw State University president’s list for fall 2024. To qualify for this honor, students must achieve a 4.0 GPA while completing a minimum of nine credit hours.
In other words, the nation was losing money by making money. Even penny pinchers would agree that’s bad business. Since then, we’ve gotten used to “rounding it off.” If your fast-food tab was $9.91, and you gave the clerk a $10 bill,
President Donald Trump has vowed to cut government spending, a goal he plans to accomplish by going after pocket change (literally). Recently, Trump directed the secretary of the treasury to end the production of the penny,
It probably is time to stop making pennies.
The fashion world pondered the future of the iconic shoe after learning that a presidential order might eliminate the penny.
The president isn't the first person to call for an end to the penny, and this issue is deeper than wasteful spending.
Yes, the United States loses $85 million minting the penny. But what if we thought of it as a marketing asset, part of Brand America?
Cease production of the penny, let collector’s 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 luckiest piece of loose chan
His company, Portland Mint, sells old pennies in bulk — 40,000 pounds (18,100 kilograms) at a time — to investors angling to profit on the copper that makes up 95% of the coins minted before 1983. A cache of one-cent pieces from Portland Mint with a face value of roughly $60,