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DOGE may target the penny: Why do we still have it anyway?
In an X post on Tuesday, DOGE (which the Trump administration was immediately sued over on Inauguration Day), wrote that the ...
Coin World14h
Treasury report details U.S. gold reserve supply in government vaults
The gold in deep storage is held as an asset of the United States at a book value of $42.22 per troy ounce. The book value ...
Elon Musk's DOGE has a new target for cutting federal spending: the U.S. penny
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.
Coin World2d
U.S. Mint reveals production costs for 2024
The cost to produce cents and five-cent coins continues to escalate well beyond face value, but the latest report from the ...
Federal Reserve expected to stand pat on rates even as Trump demands cuts
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few ...
DOGE Could Make Huge Change to Cash
The use of cash has been declining in recent years, according to the Federal Reserve's 2024 report on consumer payments.
BizPac Review3d
DOGE wants to get rid of the penny, some say ‘hands off, it’s a slippery slope’
In a move that could ultimately save U.S. taxpayers millions of dollars, the new Department of Government Efficiency seems to be eying eliminating the penny. As the […] ...