The penny was the first currency authorized by the United States, with the Mint Act of 1792 signed by George Washington. But now, 234 years later, it has gone out of production. President Donald ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of leadership, culture & equity in business. This Saturday, President Donald Trump announced that he’d ...

Unfortunately, making the one-cent coin really did cost a pretty penny. After 232 years in circulation—nearly as long as the United States of America has been a country—the final penny was minted Nov.

America’s oldest coin had been around since 1793. Now that Trump has stopped the minting of new pennies, will promotional 99 cent pricing disappear? And what about sales taxes? It ended with a button ...

It will soon be time to say goodbye — at least in part — to the penny. The U.S. Treasury Department announced it will phase out production of the 1-cent coin beginning in early 2026 to comply with a ...

The US penny died on Wednesday at the ripe old age of 232 after the US Treasury minted its last one-cent coin. The news of Wednesday's final penny may be a hit to your nostalgia, but please, dry your ...