Pennies are vanishing from cash drawers and coin jars far faster than most people expected, as the supply of new one-cent pieces has abruptly gone to zero. With minting halted and businesses already ...

U.S. stopped penny production, causing shortages in banks and stores. Retailers forced to round down cash transactions, costing millions. Lack of guidance from federal government exacerbates ...

That jangling jar of copper-colored coins sitting on your dresser just became a relic. The government ordered the last penny materials in May 2025, and the final pennies were minted on November 12. 69 ...

Change is coming to how we make change, thanks to the impending demise of the penny. President Donald Trump ordered the Treasury Department, back in February, to stop minting pennies. His argument – ...

CU Boulder Today caught up with Edward Van Wesep, professor and chair of the finance division at the Leeds School of Business, to break down what you need to know. Why is the government ending penny ...

The U.S. Treasury Department has stopped producing the penny after more than 230 years. It now costs 3.69 cents to produce a single penny, which is significantly more than its face value. Pennies will ...

That’s the message from Kevin McColly, CEO of Coinstar, the company behind those coin-cashing machines you see in supermarkets. American consumers made only 16% of their payments in cash in 2023, ...

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.