Rounding prices to the nearest nickel would not have “any significant inflationary consequences,” a 2023 study found.

(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal ...

The newly formed Department of Government Efficiency, led by Elon Musk, is proposing a reduction in penny production as a ...

Elon Musk’s Department of Government Efficiency has a new target to cut costs: the US penny. CNN’s Boris Sanchez explains why ...

A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.

Is it time to get rid of the penny? A 2022 survey found that 58% of Americans believe that the government should stop making ...

Don Lutes Jr. held on to his discovery for over 7 decades until his death this year. Now, the find is expected to fetch over ...

1793 Strawberry Leaf Cent — $862,500. In 2009, the Strawberry Leaf broke the record for the most money paid for a penny at an ...

Should the U.S. penny go? It’s a question we’ve wrestled with for decades. It’s back on the table with the new Department of ...

Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as ...

The official X account for DOGE, the reform department headed by billionaire Elon Musk, shared facts about penny production ...

On X, DOGE pointed out the federal government spends more to produce the penny than its worth. But the penny has survived ...