The federal government made its final order of penny blanks this month — marking the first step to end the production of the one-cent coin, a spokesperson for the U.S. Department of the Treasury confirmed to USA TODAY.

The U.S. Treasury Department has taken a large step toward officially eliminating the one-cent coin, ordering its final batch of penny blanks in May. But what happens when there are no new pennies in circulation?

The Washington Post reported that the Treasury placed its final order for blanks this month with expectations that it will run out by early 2026. You can keep spending pennies as normal after that. But at some point, businesses will have to start rounding up or down to the nearest 5 cents for cash transactions.

The U.S. Treasury Department saw soft demand for a $16 billion sale of 20-year bonds on Wednesday with investors worried about the country's increasing debt burden as Congress wrangles with a tax and spending bill that is expected to worsen the fiscal outlook.

The United States has imposed sanctions on two members of the Mexican drug trafficking organization Cartel del Noreste, the Northeast Cartel, which was formerly known as Los Zetas.

Stock futures point to a lower open as investors kept an eye on Treasury yields as President Donald Trump's tax bill continues to travel through Congress. After the House narrowly passed by one vote its version of the One,

A federal judge has rejected a bid by the U.S. Treasury Department to cancel a union contract covering tens of thousands of IRS staff, an early blow to President Donald Trump's efforts to eliminate collective bargaining rights for many federal workers.