The Department of Government Efficiency hinted it may be looking to eliminate the penny. Elon Musk's initiative says production of the coin is costing taxpayers millions of dollars.
According to the U.S. Mint, the cost to produce a single penny jumped 20% during the 2024 fiscal year to 3.69 cents.
David Penny Moore, 84, of Orient, passed away peacefully on Jan. 5, 2025, at Stony Brook University Hospital in Stony Brook. Born on Aug. 25, 1940, in Port Jefferson, David was “from” Glen Cove. He ...
Royal Family members stick to an age-old superstition that cautions against consuming pointy food, according to an expert. This means that square-shaped sandwiches are notably absent from their dining ...
Could Trump get rid of the penny? - The cost of zinc — the primary metal used in penny-making — has doubled since 2016 ...
A DOGE social media post details the cost of producing nearly valueless one cent coins, sparking speculation it may add pennies to its federal cost-cutting hit list.
“First birthday I’ve celebrated without my dad ‘Jamps,’” the Tournament of Champions host wrote on his Instagram Stories. “I wanna call him all the time and ask questions, help me solve issues or ...
Trump created DOGE and has given it a mandate to cut government spending. Musk has said that the agency is looking to trim $500 billion in government spending. The penny is worth only 1 cent and its ...
The U.S. minted about 7.7 billion pennies in 1983 but only about 5,000 of them have the doubling error. The mistakes and the rarity is what drives the price up, with some of the coins, known among ...
On January 20, the United Kingdom’s Court of Appeal issued a ruling in Thatchers Cider Co. Ltd. v. Aldi Stores Ltd. expected to have major impacts on the availability of lookalike products in British ...
President Donald Trump is reportedly considering getting rid of the penny. Trump's Department of Government Efficiency, which ...
1793 Strawberry Leaf Cent — $862,500. In 2009, the Strawberry Leaf broke the record for the most money paid for a penny at an ...