The decision comes nearly nine months after President Donald Trump ordered the Treasury Department to stop production of the 1-cent coin The U.S. Mint has reported that the unit cost for the coin has ...
NEW YORK (AP) — The United States is running out of pennies. President Donald Trump’s decision to stop producing the penny earlier this year is starting to have real implications for the nation’s ...
Change is coming to how we make change, thanks to the impending demise of the penny. That’s not an alternative fact: The U.S. Mint said in its annual report that each penny costs 3.69 cents to make.
The U.S. Treasury Department halted production of the penny on Nov. 12, ending more than 230 years of minting the nation’s smallest denomination and signalling the copper-colored coin’s gradual exit ...
Change is coming to how we make change – the penny will soon be no more. In early 2024, President Donald Trump ordered the Treasury Department to stop minting pennies. Why? His reasoning echoes a ...
Penny production will stop next year. NPR's Ayesha Rascoe talks to Wake Forest Economics Professor Robert Whaples about the penny shortage already hitting some businesses. Penny-pinchers are turning ...
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