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COIN MANUFACTURING EXPENSES
The nickel still costs more to make than its face value; the U.S. Mint shipped about 600 million in 2025 at 13.31 cents eachFor the past twenty years, the production of nickels has been unprofitable, with costs surpassing their actual value. Increasing metal pric...- Buffett asks shareholders to ignore his profit figure. Then explains how he could fake itThe rule is simple and almost nobody thinks about it. When a business sours, the accounts mark it down. When a business thrives, the accoun...
- Flying Wedge Defence unveils FWD Supreme Lite touted as India’s first AI-fighter jetDefence startup Flying Wedge Defence & Aerospace has unveiled its FWD Supreme Lite flight demonstrator as it moves its AI-piloted fighter p...
- In 1889, one invention solved the biggest problem every snow sled had; a flexible piece of steelIn 1889, downhill sledding was a dangerous game. Sleds couldn't steer at all. Riders had to jam a boot into the snow to turn or stop. Quake...
- Cut through the BS chase: A generation with phones refuses to let media tell their story aloneThe student movement at Jantar Mantar reflects a broader shift where younger generations no longer rely on legacy media to shape public opi...
- Paper leaks are the symptom, the jobs gold rush is the diseaseIndia's economy features a limited number of well-paying jobs and many low-wage positions. Young people pursue selective education and gove...
- Goodbye to the penny: Final $16.7M U.S. penny auction marks the end of an American coin eraThe last U.S. penny auction signals the historic end of America’s smallest coin following more than two centuries of circulation. Special c...
- Goodbye, Penny! US mint in Philadelphia to press its final 1-Cent coin everPenny: After 230 years, the US Mint is striking its final penny. The decision stems from the coin costing nearly 4 cents to produce, a sign...
- US penny shortage impacts retailers as Mint stops production: businesses round down cash transactionsUS businesses face penny shortages after the Trump administration ended one-cent coin production in May, 2025. Retailers round cash sales t...
- Pennies become history in U.S. as Treasury Department places final order, expected to run out by 2026The US Treasury Department will cease penny production after its final penny blank order runs out in early 2026. This decision comes as the...
- DOGE is up and running: Here's what Elon Musk's cost-cutting department is doingElon Musk's Department of Government Efficiency (DOGE) is actively implementing strategies to reduce federal spending and enhance operation...
- Buying gold? Here are 6 ways to buy and invest in gold this festive seasonBuying gold as an investment can be approached in various ways. Here are some conventional and unconventional methods for purchasing gold d...
- Your 24 karat gold is of 999 or 995 fineness? Check before buying999 or 995- which is better gold: Many individuals are not aware that there are two ways to measure purity of gold. While karat is generall...
- Queen Elizabeth II is no more: National anthem, currency to passport, changes UK can expectWith the demise of Queen Elizabeth II, some changes needed to be carried out, which could take several years, involving stamps, post boxes,...
- Jindal Stainless Hisar Q4 results: Profit grows 43% to Rs 94 croreThe company's net profit stood at Rs 65.59 crore in January-March 2018-19, JSHL said in a BSE filing.
- Budget 2017: 9 things consumers need to knowSalaried employees, smaller businessmen and professionals paying rent exceeding Rs 50,000 will have to deduct 5 per cent tax at source.
- Should you buy platinum now that prices are down?Though the outlook for the metal is bullish, with a price rise of 15 to 20% expected this year, it is a good idea to buy platinum in small ...
- End of the road for 50-paisa coins?The humble 50 paise coin is still legal tender, but could be close to extinction given that people refuse to accept it.
- Shop online for jewellery with hefty discountsYou can now buy cheaper jewellery through the Internet, with sellers claiming discounts of up to 30%. However, make sure you shop without b...
- Big trouble for small US casinos: Industry headCasino companies are all grappling with the rough economy, but smaller operators might be less likely to survive.
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