P resident Donald Trump has charged Elon Musk and his Department of Government Efficiency (DOGE) with slashing large portions ...

Earlier this month, PennLive shared there are quarters floating around out there that could be worth up to $10,000, and those ...

Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.

A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.

Trump has put Musk, the world's richest man and the CEO of Tesla, X, and SpaceX, in charge of the Department of Government ...

On X, DOGE pointed out the federal government spends more to produce the penny than its worth. But the penny has survived ...

(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal government that the Department of Government Efficiency (DOGE) and its head ...

In Tuesday X post, Musk's DOGE wrote that the U.S. spends about 3 cents to mint each penny, which, of course, is only valued at 1 cent. "The penny costs over 3 cents to make and cost U.S ...

According to the U.S. Mint, the cost to produce a single penny jumped 20% during the 2024 fiscal year to 3.69 cents.

Contemplating the fate of the coin isn’t worth your time—and that's exactly the point, according to economists who say it’s high time to phase out the one-cent piece.

Trump created DOGE and has given it a mandate to cut government spending. Musk has said that the agency is looking to trim $500 billion in government spending. The penny is worth only 1 cent and its ...