After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.

Phyllis Resnick, Colorado Futures Center's lead economist, told Newsweek that the loss of the penny will become the "most burdensome on low-income households," pointing to their purchases of ...

The penny, which costs more to make than it's worth, will be going away. That's a shocking reversal of government policy.