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Even after production stops, pennies will remain legal tender in the U.S. That means businesses can accept them for payment, ...
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Creators Syndicate on MSNAbe Lincoln and the PennyThe penny, which costs more to make than it's worth, will be going away. That's a shocking reversal of government policy.
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 ...
After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.
"When they stop minting new ones, there will still be a lot around," said Wake Forest University Economics Professor Robert Whaples. "There's about seven dollars worth of pennies per American." In ...
President Donald Trump ordered U.S. Treasury Secretary Scott Bennett in February to stop the production of 1-cent coins after Elon Musk's Department of Government Efficiency pointed out the cost of ...
The Treasury Department announced this week that it will stop putting pennies into circulation by early 2026, and said that when the coins are eventually in short supply, businesses will need to start ...
5️⃣ Footprint find: Tiny clawed tracks discovered on a slab of 356 million-year-old rock from Australia are the oldest reptile prints. Scientists say this provides new evidence about how animals ...
In a cost-cutting move, the U.S. Treasury will stop minting new pennies. Originally introduced in 1793, the one-cent coins will still be legal tender. There are more than 100 billion pennies in ...
The Treasury made its final order of penny blanks this month, the WSJ reported, citing a spokesperson, meaning the Mint will ...
With May being mental health awareness month, Girls Inc. collaborated with Boston-based ThinkGive to bring Social and ...
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