The federal government is winding down production of the penny coin following a bipartisan effort to nix the ...

The federal government made its final order of penny blanks this month — marking the first step to end the production of the ...

Axing the penny will save $58 million a year. The new tax-and-spending bill will add $3 trillion to the deficit over the next ...

The United States wouldn't be the first country to eliminate the coin, Turco said. Canada, for example, decided to phase out its penny in 2012. In the U.S., the Department of Defense stopped using ...

The U.S. mint made its final order of penny blanks and said it plans to halt the production of pennies once those run out, ...

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.

You can now own a $1 gold coin celebrating one of America’s most revolutionary achievements: the NASA Space Shuttle program.