President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime.

The penny, a staple of US currency since since 1793, costs more than 3 cents to make, costing the government a net loss of ...

One White House official called legal roadblocks an "occupational hazard," while a number of legal experts worry the country ...

A coalition of labor unions filed a lawsuit Monday asking a federal court to stop Elon Musk's team from accessing private data at the Education Department, the Treasury Department and the Office of ...

Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on ...