(NEXSTAR) — The U.S. appears poised to ditch the penny, with recent reports saying the U.S. Treasury made its final order of penny blanks in May. With no new blanks on the way, the U.S. Mint is ...
SAN ANTONIO – After more than 200 years, the U.S. is ending penny production. This could mean changes at the cash register. While the move is expected to save the government millions of dollars, ...
The Federal Reserve’s decision to limit penny distribution after the U.S. Mint stopped producing the coin in November had swift and uneven consequences: Regional penny shortages occurred along with a ...
The penny's story began in 1792 with the Coinage Act that created the U.S. Mint and established America's decimal currency system. For more than 230 years, the one-cent coin survived wars, depressions ...
The penny never made much sense at the checkout line, but it sure made dollars at auction. Coin collectors paid more than $16 million for a piece of American history after the U.S. government ended ...
WASHINGTON — The penny shortage was already frustrating to business owners and now the U.S has stopped making pennies altogether. It's created concern and confusion for business owners. "There's a ...
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People gathered in the nation’s capital on Saturday to pay their respects to the penny. A mock funeral, hosted by financial management platform Ramp, was held at the Lincoln Memorial in Washington, ...
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