In the wilds of South Africa’s Northern Cape, poaching ‘green diamonds’ has become an almost irresistible temptation ...

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

The cost to produce cents and five-cent coins continues to escalate well beyond face value, but the latest report from the ...

"DOGE's proposal completely misses the mark, penny elimination would be a costly mistake," Weller told MarketWatch. "A better solution is to produce a cheaper nickel, addressing the real driver of ...

According to CNBC, the pennies in question – minted in 1983 - lack a mint mark, the designation on the face side of the coin ...

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

Elon Musk's Department of Government Efficiency (DOGE) is eyeing ways to slash government spending. One of its first targets ...

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

Could Trump get rid of the penny? - The cost of zinc — the primary metal used in penny-making — has doubled since 2016 ...

In 2026, the U.S. Mint will celebrate America’s 250th Independence anniversary with special one-year designs for circulating ...

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 ...

The U.S. minted about 7.7 billion pennies in 1983 but only about 5,000 of them have the doubling error. The mistakes and the rarity is what drives the price up, with some of the coins, known among ...