One penny costs 3.7 cents to make, according to the latest 2024 U.S. Mint Annual Report. That is about 270% more than they are worth.

Rising production expenses pressure the U.S. horticulture industry from multiple angles. Labor, energy, propagative materials ...

Agnico Eagle Mines Limited AEM delivered better-than-expected earnings in the third quarter, but it remains hamstrung by ...

The Trump administration announced this week that the U.S. Mint will cease production of pennies due to high production costs ...

Coin experts estimate the last pennies minted Wednesday could sell for as much as $5 million each when they hit the auction ...

In a historic moment for American currency, the U.S. Mint has struck its final penny. After more than 230 years of continuous ...

GM said in a filing with the SEC that the significant investments it made for electric vehicles represent a "material ...

President Trump announced Sunday that he is telling the Treasury Department to stop minting pennies, ending a 233-year run of the 1-cent coin. The penny, one of the first coins made by the U.S. Mint ...

America’s last penny was struck at the U.S. Mint in Philadelphia, the end of a coin production that started in 1793 and ended ...

While iPhone prices have remained constant over the past six years, we may finally see an increase in price next year thanks ...

Jaguar Land Rover slumped to a quarterly loss after the hack halted production in September.