The penny is outdated and inefficient and no longer serves the needs of our economy,” said Sen. Kirsten Gillibrand, the New York Democrat. But the bill could push the nation down a slippery slope. “So ...

“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at ...

The typical household is sitting on $60 to $90 in neglected coins, enough to fill one or two pint-size beer mugs, according ...

Are your old pennies worth millions? Experts say you shouldn't bank on it. But some are worth hundreds of dollars. Here's how to check yours.

Canada started phasing out its penny a dozen years ago and urged store owners to round prices to the nearest nickel for cash transactions. Electronic purchases were still billed to the nearest cent.

More nickels would mean steeper losses. America could kill both the penny and the nickel, the two money-losers on its roster of coins. But without pennies or nickels, how would a consumer pay a 15 ...

Pennies will still be legal tender, but cash prices will soon be rounded up or down to the nearest nickel. Pennies were among the first coins introduced by the U.S. Mint, a bureau of the Treasury ...

The Department of the Treasury is exploring ways to reduce the cost of producing nickels, which cost a pretty penny, ahead of the possible elimination of the iconic Lincoln-faced 1-cent coin.