Nickels are only worth 5 cents but cost a whopping 13.8 cents to make. It’s unclear whether President Donald Trump alone has the authority to halt all penny production as Congre ...

But is the penny really wasteful? Here’s what to know. Technically, Trump underreported how much the U.S. spends to mint a single penny. The average cost to make one penny rose to 3.69 cents in the ...

AUDREY BIESK EXPLAINS HOW MUCH THEY’RE COSTING AMERICANS. THE HEARST TELEVISION DATA TEAM IS HELPING TO MAKE SENSE OF THIS. IT FOUND THE PENNY WHOSE FACE VALUE IS $0.01, COSTS ABOUT 3.7 CENTS TO MAKE ...

President Donald Trump wants to end minting the penny, calling it a waste of money. So how much does it cost to make? The U.S. Mint says 3.69 cents.

It’s unclear exactly how high demand would be for nickels in a penny-less world, but it’s likely that it would be higher than ...

The penny has been in the crosshairs of Trump officials since he took office. Last month, DOGE, the department run by Tesla ...

Trump says he'll order the Treasury Department to halt penny production to save money. Costly nickels, however, could cancel out savings.

Shortly after departing Sunday's Super Bowl game in New Orleans, the president took to his Truth Social site and said that the penny now costs more than two cents to produce. It's one of the ...

But is the penny really wasteful? Here’s what to know. Technically, Trump underreported how much the U.S. spends to mint a single penny. The average cost to make one penny rose to 3.69 cents in ...

President Trump wants to end production of the penny It takes about 3.7 cents to produce and distribute one penny A 233-year run could be over. President Donald Trump announced Sunday that he is ...