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President Donald Trump directed the Treasury Department to stop producing pennies beginning in early 2026. Why? The penny ...
The federal government made its final order of penny blanks this month − the first step to end the production of the 1-cent ...
The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a move that is ...
The cost of producing a penny has skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.
Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.
Treasury Department will take pennies out of circulation next year. Costly nickels, however, could cancel out savings.
Pennies will still be legal tender, but cash prices will soon be rounded up or down to the nearest nickel (which cost even ...
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