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With the penny going away, what should you do with your old coins?
The government loses nearly three cents on every penny it mints. On a nickel, it loses nearly nine cents. More nickels would mean steeper losses. America could kill both the penny and the nickel, the two money-losers on its roster of coins.
The US Treasury Department announced Thursday that it plans to start winding down production of the one-cent coin it has been minting for more than 230 years. But the penny will still remain legal ...
There used to be a saying — “pennies make dimes and dimes make dollars” — that stressed the importance of saving your money (the phrase later showed up in a country song). Today ...
The Trump administration hopes to save big bucks by phasing out the penny. The Treasury Department has placed its last order for blank pennies and plans to stop minting the one-cent coins as ...
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