“It was kind of obsolete a long time ago,” Todd Sandham, owner of Colonial Acres Coins in Kitchener, Ont., said. “Canada ...

(NEXSTAR) — Weeks after the Department of Government Efficiency (DOGE) set its sights on the penny, President Donald Trump called on the Treasury Department to stop minting new one-cent coins, calling ...

The penny has died. At the age of 232, the iconic coin’s final batch was minted in Philadelphia on Wednesday. But while the ...

Over a decade after Canada stopped producing the penny, the U.S. Mint on Wednesday announced it's ending production of one-cent coins to save money and because they had become increasingly irrelevant.

Cara Tabachnick is a news editor at CBSNews.com. Cara began her career on the crime beat at Newsday. She has written for Marie Claire, The Washington Post and The Wall Street Journal. She reports on ...

The Federal Reserve in Helena, Montana's banking authority, said beginning Friday it will no longer accept Canadian coins from state banks. Those banks, in turn, will no longer accept Canadian coins. ...

The Royal Canadian Mint releases coins that are more than just currency — they're small works of art that tell the story of Canada.

The White House DOGE was right: the penny has been a drain on the economy and should have been phased out long ago.