Rounding prices to the nearest nickel would not have “any significant inflationary consequences,” a 2023 study found.

(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal ...

The newly formed Department of Government Efficiency, led by Elon Musk, is proposing a reduction in penny production as a ...

Is it time to get rid of the penny? A 2022 survey found that 58% of Americans believe that the government should stop making ...

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

Should the U.S. penny go? It’s a question we’ve wrestled with for decades. It’s back on the table with the new Department of ...

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

Donald Trump is in office, and he has signed an executive order to create DOGE – the Department of Government Efficiency — with Elon Musk leading the way. The purpose of DOGE is, supposedly, to cut ...

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