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

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 ...

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

Donald Trump is in office, and he has signed an executive order to create DOGE – the Department of Government Efficiency — with Elon Musk leading the way. The purpose of DOGE is, supposedly, to cut ...

Earlier this month, PennLive shared there are quarters floating around out there that could be worth up to $10,000, and those ...

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

Contemplating the fate of the coin isn’t worth your time—and that's exactly the point, according to economists who say it’s high time to phase out the one-cent piece.

While an average penny is worth a mere one cent, others are worth millions. Here's how to check if you have one.

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