President Donald Trump’s executive order halting penny production has triggered an urgent scramble across the retail sector.

The Royal Canadian Mint is finally beginning its phase-out of the penny today — and not a minute too soon. The penny hasn’t made a lick of sense since penny candy started costing more than one cent — ...

The penny coin is getting phased out, a cost-cutting move that could ripple through consumer behavior, retailers' pricing strategies and cash transactions. Why it matters: It'll be harder to make ...

In Arkansas, businesses have already been feeling the impact, informing customers that the shortage is real. Due to the ...

The Trump administration decided to stop making the 1-cent coin earlier this year ... if the cents is a penny or two cents, ...

NEW YORK — The impending “death” of the U.S. penny has spotlighted the coin's own price tag — nearly 4 cents to make and distribute each, or quadruple its value. Months after President Donald Trump ...

Penny-wise, we're starting to look pound foolish. It has just become more costly to produce a penny than a penny is actually worth -- which suggests it's time to re-examine why we even bother with the ...

TOLEDO, Ohio (AP) — Three sisters from Ohio who inherited a dime kept in a bank vault for more than 40 years knew it had some value. But they had no idea just how much until just a few years ago. The ...