Latest in Trump's plan to scrap the penny spikes interest for coin collectors
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Honda and Nissan Scrap $50 Billion Merger Plan
The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.The New York Times - 5h -
Honda and Nissan Scrap $50 Billion Merger Plan
The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.The New York Times - 5h -
Trump blames Biden for January inflation spike
New government data shows inflation is up 3% on an annual basis. In reaction to the hot report, President Trump blamed the surge on his predecessor, saying "BIDEN INFLATION UP!" Political ...CBS News - 15h -
Trump's plan to scrap the penny spikes interest for coin collectors
Collectors said the value of certain pennies could rise if the U.S. Treasury stopped manufacturing the coin.CBS News - 16h -
Trump on whether Ukraine, Russia are equal in peace talks: 'It's an interesting question'
President Trump on Wednesday would not say whether he considers Ukraine to be an “equal member” of efforts to end the war between Moscow and Kyiv, as his administration pushes for negotiations ...The Hill - 17h -
Trump's comments won't affect interest rate decisions by the Fed, Powell says
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisionsABC News - 21h -
Trump wants both lower interest rates and tariffs. Here’s how that could backfire.
Economists say tariffs will make it harder for the Fed to lower interest rates — unless the U.S. economy enters a recession.MarketWatch - 21h -
Trump wants interest rate cuts. The market isn't buying it.
Just before the release of Wednesday’s monthly consumer price report, President Donald Trump called for lower interest rates in a post on his Truth Social platform.NBC News - 22h -
Trump says interest rates should be lowered to go 'hand in hand' with his tariffs
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.CNBC - 23h -
Early Crypto Traders Had Speedy Profit on Trump Coin as Others Suffered Losses
Some traders made tens of millions off a new cryptocurrency launched by President Trump and his sons. Many others lost out.The New York Times - 1d -
As Trump aims to ax the penny, these are the coins that cost more than they're worth
Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a nickel.NBC News - 1d -
Trump's order to discontinue the penny doesn't add up: Expert
As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.ABC News - 1d -
Trump counts pennies while Social Security and Medicare burn
Trump’s latest idea may be popular, but won’t get us far.MarketWatch - 1d -
Trump directs Treasury to stop minting new pennies, citing cost
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.CBS News - 2d -
What are the ramifications of Trump's Gaza plan?
President Trump has said the U.S. is committed to buying and owning the Gaza Strip, despite the Palestinian Authority saying the land is not for sale. Matthew Kroenig, an expert with the Atlantic ...CBS News - 2d -
Why Trump is going after the penny
President Trump ordered the Treasury Department to stop minting new pennies, citing the rising cost of production. Kelly O'Grady explains.CBS News - 2d -
Making sense of the penny debate as Trump calls for halt in production
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. NBC News’ Brian Cheung explores the spirited ...NBC News - 2d -
Colorado's Polis backs Trump's halt on penny production: 'Great move'
Colorado Gov. Jared Polis (D) on Monday backed President Trump’s direction to halt penny production, calling it a “great move.” On Sunday, Trump announced that he had requested that the Treasury ...The Hill - 2d -
Trump Moves to Close Carried Interest Tax Loophole, Which Could Hurt Startups
The last three U.S. presidents have all called for an end to the tax break.Inc. - 2d -
How far is Trump willing to go on Gaza plans?
President Trump is insisting on his Gaza plans and comparing them to a real estate development for the future. CBS News senior White House correspondent Weijia Jiang reports.CBS News - 2d -
How much does it cost to make a penny, and are we 'losing' money on other coins?
Really, a roll of 50 pennies costs you more than $1.50.The Hill - 2d -
Trump takes aim at 'wasteful' government spending by ordering end to penny production
The president said in a Truth Social post that stopping the mint from coining new pennies is another way to reduce 'wasteful' government spending.CNBC - 2d -
Trump Orders Treasury to Halt Minting New Pennies to Cut Waste
Can he do that? It’s not clear. But President Trump is right when he says that pennies “literally cost us more than 2 cents.”The New York Times - 3d -
Trump’s nitwitted Gaza plan
Let’s move the 2 million permanently out of Gaza. But where? And how? And who will take them? Unclear.The Hill - 3d -
Trump to set tariffs on aluminum and steel; orders end of of pennies
President Donald Trump announces that “any steel coming into the United States is going to have a 25% tariff” as the fate of the penny hangs in the balance after he instructs the Treasury to stop ...NBC News - 3d -
Vance Challenges Courts’ Power, and Trump Targets the Penny
Plus, why golden retrievers keep losing.The New York Times - 3d -
No more minting 'wasteful' pennies, Trump tells Treasury
The US President cites rising costs as the reason for discontinuing production of the one cent coinBBC News - 3d -
Trump’s latest tariff bid shows the old rules of trade no longer apply. Scraps of paper will not save us | Greg Jericho
A 25% tariff on all steel and aluminium imports, as flagged by the US president, is more evidence that Australia cannot rely on our ally to do good by us. News that the US president, Donald Trump, ...The Guardian - 3d -
Trump says he has directed U.S. Treasury to stop minting new pennies, citing rising cost
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.NBC News - 3d -
Trump directs Treasury to stop making pennies
President Trump on Sunday announced that he asked the Treasury Department to stop producing pennies, calling the one cent coin wasteful. He said in a Truth Social post that he told Treasury ...The Hill - 3d -
Live updates: Trump leaves Super Bowl, directs Treasury to stop making pennies
President Trump picked the Kansas City Chiefs to win the Super Bowl on Sunday in an interview with Fox News’s Bret Baier that aired just before kickoff. “I guess, you have to say that when a ...The Hill - 3d -
From Dogecoin to $Trump: everything you need know about the wild world of meme coins
Are they the same as crypto, why has the US president launched one, and who’s really coining it in? Here’s a complete guide to the latest digital money mania. Three days before his inauguration as ...The Guardian - 4d -
A Trump peace plan for Ukraine?
Reports suggest a proposed US peace plan could be unveiled this week.BBC News - 4d -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - 5d -
Trump wants to end a popular Wall Street tax break. What to know about the 'carried interest loophole'
President Donald Trump wants to end the carried interest loophole. Here's how the tax break benefits Wall Street investment managers.CNBC - 5d -
Consumer Advocacy Group Launches Investigation Into Trump’s Meme Coin
Public Citizen urged federal agencies to recommend stopping of the sale of the meme coin $Trump.Inc. - 6d -
Trump’s Tariff Plan Is Looking Potentially Disastrous for Inflation
Here’s why Trump’s opening tariff salvo will likely hurt U.S. consumers.Inc. - 6d -
Google scraps its diversity hiring goals as it complies with Trump's new government contractor rules
Google is scrapping some of its diversity hiring targets, joining a lengthening list of U.S. companies that have been abandoning or scaling back their diversity, equity and inclusion programsABC News - Feb. 5