If you have an individual retirement account (IRA), you might have considered converting it into a Roth account at some point. But you might not know the best time to do a conversion, or even if doing ...

Once a proud coin of the realm, the penny has become a pest. It gets no respect. And the penny is not even worth one cent anymore. It costs the government nearly four cents to mint one penny. No ...

Shoppers in Philadelphia will have to pay 10 cents for a paper bag or bring their own reusable bag starting next year under a new bill that was passed by City Council. On Sept. 18, 2025, City ...

The government is launching a full-scale effort to prevent the 1,470 Korean won range high exchange rate from becoming entrenched. The high exchange rate is driven by far more demand for dollars than ...

The U.S. minted its last penny after the Mint suspended production of the 238-year-old coin on Wednesday, Nov. 12. President Trump ordered the U.S. Treasury to discontinue the penny due to the rising ...

Another possible repercussion of the penny's passing? Some colorful colloquialisms making use of the word "penny" might not make any cents – I mean sense – in the near future. These days, phrases and ...

Treasury Secretary Scott Bessent struck the final five pennies on Wednesday — each bearing a rare omega mark — ending U.S. penny production and creating collectors' items that could fetch millions at ...

The U.S. Mint has pressed its last pennies, ending production of the 1-cent coin. On Wednesday, the U.S. ended 232 years after the first penny was made. “God bless America, and we’re going to save the ...

Depending on your point of view, stopping production of the penny may be common cents. On Nov. 12, the United States Mint pressed its last penny, putting an end to the coin after 232 years in ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...