Two decades ago, Raymond Lombra, a now-retired economist at Penn State University, warned of a "rounding tax" that could amount to at least $600 million a year if merchants were to routinely add a ...

Elon Musk's influence and outspoken nature have brought renewed attention to the debate over whether the penny still has a ...

Bing Crosby entertained the nation by crooning “Pennies From Heaven,” but in 2025 it seems that pennies are The Coin From Hell.

Pennies, those thin copper disks at the lower end of our monetary scale, seem to sift through our fingers.   We spend them effortlessly, give them to children without a second thought, toss them into ...

In today’s 3 BRILLIANT MINUTES, find out how much each newly minted penny costs to make and distribute (hint: It’s more than ...

A Chinese start-up’s new artificial intelligence program took the top spot in Apple’s app store, threatening U.S. dominance ...

Tax filing season kicked off on Monday as the U.S. Internal Revenue Service began accepting completed tax forms.

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

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

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

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 ...