It's curtains for the penny after more than two centuries in circulation
The penny dropped. The U.S. Mint struck the final 1-cent coin that will be used as legal tender on Wednesday, six months after the Trump administration announced that it would stop producing pennies because the cost of making them is almost four times more than they’re worth.
Are banks running out of pennies? What to know now that US Mint isn't making cents
Even though the U.S. Mint has quit making pennies, they remain legal to use. And you can still get them or deposit them at the bank.
The US will stop making pennies next year. Cash-only businesses are already affected
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.
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Trump says he has directed US Treasury to stop minting new pennies, citing rising cost
WASHINGTON — President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. "For far too long the United States has minted pennies which literally cost us more than ...
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