U.S. Mint

The U.S. Mint has halted production of the circulating penny after the Treasury Department concluded new one-cent coins are no longer needed, even as existing pennies remain legal tender and will stay in use for years. Rising Production Costs Push Penny Off Line "The Secretary of the Treasury has...

Drop a penny in the street and you probably won’t be heartbroken. But that tiny “copper” piece is worth a bit more than it's credited for. Last year, the U.S. spent 1.5 cents to produce a single penny, according to reports from the U.S. Government Accountability Office (GAO)....

As gold prices have moved sharply lower recently, it may be a good time to consider adding this asset to investment portfolios. Amid the wild optimism seen in the markets as the Dow approaches 20,000, gold remains a useful hedge against a stock market correction. Gold, Politics And Markets Gold...

Canada did it. So did Australia, Israel, Great Britain, the Philippines, Hong Kong, the Netherlands, Singapore, Mexico and many others. What’s taking the United States so long to get rid of the penny? In an online chat sponsored by Google, President Obama appeared to be in favor of getting rid...