A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.

The cost to produce cents and five-cent coins continues to escalate well beyond face value, but the latest report from the ...

Elon Musk’s Department of Government Efficiency has a new target to cut costs: the US penny. CNN’s Boris Sanchez explains why ...

Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as ...

A DOGE social media post details the cost of producing nearly valueless one cent coins, sparking speculation it may add ...

Senator Elizabeth Warren has suggested a long list of ways that Elon Musk's cost-cutting DOGE can save money—though she's ...

The penny costs over 3 cents to make and cost US taxpayers over $179 million in FY2023,' the official DOGE account wrote on X ...

"DOGE's proposal completely misses the mark, penny elimination would be a costly mistake," Weller told MarketWatch. "A better solution is to produce a cheaper nickel, addressing the real driver of ...

"The executive order, as a whole, is mostly aspirational and symbolic. But the direction it points, I think, is quite bullish ...

Trump’s meme coin may be all fun and games for crypto traders, but legal experts say the unprecedented move could have ...

The fifth and final coin in a five-coin series will be offered in limited numbers when the U.S. Mint Feb. 20 presents the ...

Elon Musk's Department of Government Efficiency (DOGE) is eyeing ways to slash government spending. One of its first targets ...