Rounding prices to the nearest nickel would not have “any significant inflationary consequences,” a 2023 study found.

(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal ...

Elon Musk’s Department of Government Efficiency has a new target to cut costs: the US penny. CNN’s Boris Sanchez explains why ...

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

Donald Trump is in office, and he has signed an executive order to create DOGE – the Department of Government Efficiency — with Elon Musk leading the way. The purpose of DOGE is, supposedly, to cut ...

The newly formed Department of Government Efficiency, led by Elon Musk, is proposing a reduction in penny production as a ...

Should the U.S. penny go? It’s a question we’ve wrestled with for decades. It’s back on the table with the new Department of ...

Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as ...

The official X account for DOGE, the reform department headed by billionaire Elon Musk, shared facts about penny production ...

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

1793 Strawberry Leaf Cent — $862,500. In 2009, the Strawberry Leaf broke the record for the most money paid for a penny at an ...

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