A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.
Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as ...
According to the U.S. Mint, the cost to produce a single penny jumped 20% during the 2024 fiscal year to 3.69 cents.
The official X account for DOGE, the reform department headed by billionaire Elon Musk, shared facts about penny production ...
The Department of Government Efficiency hinted it may be looking to eliminate the penny. Elon Musk's initiative says production of the coin is costing taxpayers millions of dollars.
A gesture associated with the Nazis has a surprising history. But in Germany, there was little doubt about its meaning.
There are already some signals about which government expenses could be on the chopping block for Elon Musk's DOGE.
As Musk referenced in his email, the report says the banks hope to use the narrative of Musk’s link to Donald Trump, as some ...
Elon Musk asked a judge to block OpenAI's attempt to transition from nonprofit to for-profit. It's not the first time he's ...
Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the ...