Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.
(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal government that the Department of Government Efficiency (DOGE) and its head ...
Rounding prices to the nearest nickel would not have “any significant inflationary consequences,” a 2023 study found.
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 ...
The cost to produce cents and five-cent coins continues to escalate well beyond face value, but the latest report from the ...
In 2026, the U.S. Mint will celebrate America’s 250th Independence anniversary with special one-year designs for circulating ...
ICICI Bank, HDFC Bank, Axis Bank share prices gained up to 3% in the morning trades on Tuesday, ahead of RBI policy meeting.
The US Federal Reserve has a dual mandate to act independently and keep inflation and employment in check, primarily by raising and lowering short-term interest rates. As the US president ...
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few ...
The Reserve Bank of India (RBI) has allowed non-residents to open rupee accounts in the overseas branches of India-registered authorized dealer banks to conduct cross-border transactions. Mint ...
The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that ...