The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a move that is expected to save $56 million each year.

You might've heard the news already. The penny, that little copper coin that's been around since your grandparents' grandparents were kids, is officially getting phased out. In fact, the last penny ...

With penny minting ended, Arizona lawmakers will send a bipartisan bill to Gov. Katie Hobbs supporting a new rounding system for cash transactions.