News

See a penny, pick it up? In the future, probably not as often — and, some say, that matters
Holt points to traditions of putting pennies in loafers, of rhymes like “See a penny, pick it up, all the day you'll have ...
The Treasury unveils its plan to kill the penny
The US Treasury is phasing out production of the penny and will soon stop putting new one-cent coins into circulation, the ...
The penny will be phased out by 2026—Here's what it means for Americans
The department says it has placed its final order for penny blanks, and production will end when they run out, which will ...
What's next for the penny? The details on US decision to end penny production
Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.
The Penny Is On the Way Out. Can You Still Buy Something With It?
The U.S. government is no longer going to mint pennies, and soon cash retail transactions will be rounded to the nearest ...
An Ode to the Penny, Departing After 233 Years of Service
After more than 200 years, we bid farewell to our small-denominated currency that grew to become a symbol of thriftiness and ...
With the penny going away, what should you do with the ones in your coin jar?
“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at NerdWallet. Both NerdWallet and Bankrate offer tip sheets on exchanging coins for ...
End of the Penny Grows Near
The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.
Will famous penny sayings outlast the coin itself?
The Treasury Department said it plans to stop manufacturing the penny, calling time on one of the first coins minted by the U ...