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

There’s no better way to experience all this unique theme park has to offer than with your own private host, yummy treats and ...

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

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

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

Trump has put Musk, the world's richest man and the CEO of Tesla, X, and SpaceX, in charge of the Department of Government ...

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

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

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

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

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.

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.