A historic end to U.S. penny production as Treasury Secretary Scott Bessent strikes the final coin Wednesday. Rising costs make each penny cost about 4 cents to produce.

When it was introduced in 1793, a penny could buy a biscuit, a candle or a piece of candy. But now most of them are cast aside to sit in jars or junk drawers, and each one costs nearly 4 cents to ...

The U.S. Mint on Wednesday ended production of the penny in a move intended to save money. U.S. Treasurer Brandon Beach minted the final pennies in Philadelphia, where they have been produced since ...