The coin once sufficed to purchase “penny candy” like gumballs from vending machines, or pay for parking tickets. Its utility ...

The president wanted to look bold by eliminating the penny. But shouldn’t the administration have planned ahead for the ...

The transition comes as MSNBC breaks off from its current parent company, Comcast NBCUniversal, and moves into Versant, an independent media company.

Philadelphia, where the penny was born, also marks the end of its 232-year journey, except for the millions of coins tucked ...

The U.S. Department of the Treasury reported the printing death of the once-treasured penny, after the last one-cent coin was manufactured.

Back in 1793, a penny could get you a biscuit, a candle or a piece of candy. These days, many sit in drawers or glass jars ...

For consumers, meanwhile, economists expect that the effect of the penny’s discontinuation will be negligible, likely amounting to just minor differences in the amount they pay in certain cash ...