Elon Musk targets US penny cost reduction in new government role
Elon Musk's Department of Government Efficiency aims to cut U.S. penny production costs, sparking debate on currency reform.
A new penny-pinching tactic? Elon Musk's DOGE says cutting penny could cut costs
A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.
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U.S. Mint reveals production costs for 2024
The cost to produce cents and five-cent coins continues to escalate well beyond face value, but the latest report from the ...
How DOGE’s Efforts May Be Unlucky for the U.S. Penny
A DOGE social media post details the cost of producing nearly valueless one cent coins, sparking speculation it may add ...
There Are No Pennies in Canada. Can DOGE Achieve the Same Feat?
Canadians are saving $11 million every year because of the penny, a Canadian official told Newsweek. Could the U.S. follow?
Elon Musk's DOGE setting its sights on the penny
The Department of Government Efficiency hinted it may be looking to eliminate the penny. Elon Musk's initiative says production of the coin is costing taxpayers millions of dollars.
Elon Musk takes on his biggest challenge yet: Getting rid of the penny
According to the U.S. Mint, the cost to produce a single penny jumped 20% during the 2024 fiscal year to 3.69 cents.
ASX Runners of the Week: Ausquest, Hydrix, Pentanet & Pointerra
This week’s Bulls N’ Bears Runner of the Week is… Ausquest Ltd. The company’s shares leapt after reporting a stunning ...
Check your change jar: There’s a Lincoln Wheat Penny valued at $2.3 million still in circulation
1926-S Lincoln Penny — $149,500 – Another Lincoln wheat penny, these are popular among collectors. If you have a mint bright ...