The penny coin is getting phased out, a cost-cutting move that could ripple through consumer behavior, retailers' pricing ...

The U.S. government is no longer going to mint pennies, and soon cash retail transactions will be rounded to the nearest ...

While the humble penny may soon stop rolling off the mint’s machines, its impact—and utility—could endure long after its final press.

And because the U.S. Mint produces roughly four times more pennies than nickels each year, the total budget impact of penny production is significantly higher — making it the more logical first ...

This transition is expected to further reduce the impact of eliminating the penny, as fewer transactions require physical change[20]. Impact of coin production costs on the national budget The ...

As part of the Trump administration’s efficiency plan, the penny may cease being produced ... “There will be essentially no impact at all,” says Mark Schweitzer, associate professor of ...