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 ...

Elon Musk has promised to find upward of $2 trillion in savings in a federal budget that is projected to spend $7 trillion in ...

The cryptocurrency market is once again captivated by speculation surrounding Elon Musk’s potential influence on a meme coin.

Musk’s favored meme coin remains Dogecoin. While he has promoted other tokens in the past, this has led to short-term price increases – such as with Peanut the Squirrel (PNUT). However, these surges ...

Electric vehicle manufacturer Tesla reported a $589 million gain from its Bitcoin holdings after an accounting rule change in ...

Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.

Senator Elizabeth Warren has suggested a long list of ways that Elon Musk's cost-cutting DOGE can save money—though she's ...

Other countries, such as Canada and Australia, have successfully eliminated their lowest denomination coins. The newly established Department of Government Efficiency (DOGE) may have a new penny ...