Final penny pressed at U.S. Mint in Philadelphia
The Treasury Department expects to save $56 million per year on materials by ceasing to make pennies.
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The Treasury Department expects to save $56 million per year on materials by ceasing to make pennies.
The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies it produced.
New York Attorney General Letitia James said "this level of access for unauthorized individuals is unlawful, unprecedented, and unacceptable."
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
The fight over the nation's debt limit could have very real implications on everything from your 401(k) to Social Security.
Some retail stores are now telling customers to use exact change or pay by credit or debit card.
A new Reuters/IPSOS poll shows two percent of U.S. adults say they received a raise, bonus, or other perk because of recently enacted tax reform legislation.
The priciest condos and luxury high rises in Manhattan sell for well over $20 million, and some of those prices are driven by foreign buyers who occasionally pay in cash.
It's that time again, time to use a lie detector on the people running the country.
It is the time of year when American's file their income taxes, but this year your refund could end up going to somebody else.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Tonight, when Vice President Biden and President Obama address the country the question before them is an obvious one: are we better off than we were four years ago? The answer is equally obvious: YES!
The Treasury invited 20 of the largest banks to a meeting to discuss an upcoming quarterly auction of government debt.
Schneiderman said the working group was created at the request of President Barack Obama and was just getting started on its investigation.
The former superintendent of New Jersey's fourth-largest school district could still get hundreds of thousands of dollars in pension, unused sick leave and vacation time even if he is convicted of bribery and fraud.
The plan would begin with the Treasury Department converting $49 billion in preferred stock it holds in AIG into common shares, according to the report.
