Former President Abraham Lincoln has always faced to the right on the U.S. penny. Lincoln scholars say that’s because the sculptor modeled the design after a 1864 photo of Lincoln. Former U.S.

NEW YORK — The impending “death” of the U.S. penny has spotlighted the coin's own price tag — nearly 4 cents to make and distribute each, or quadruple its value. Months after President Donald Trump ...

President Donald Trump’s announcement that he was ordering the Treasury Department to stop minting pennies was cheered on by a group of Washington Post columnists on the paper’s Impromptu podcast.

Pennies cost more to make than they’re worth. So why is it so difficult to stop making them? On the latest episode of “Impromptu,” Drew Goins, Molly Roberts and Megan McArdle talk about whether ...

Penny-wise, we're starting to look pound foolish. It has just become more costly to produce a penny than a penny is actually worth -- which suggests it's time to re-examine why we even bother with the ...

WASHINGTON — When President Trump said Sunday night that he would direct the Treasury to stop producing the penny in order to cut costs, he may have wagered that the increasingly irrelevant coins ...

It may be time for the United States to rethink how the smallest parts of its monetary system — the penny, nickel and dime – are made. According to a report this week from watchdogs at the Government ...