The U.S. Treasury Department announced that it has stopped producing pennies, ending more than 230 years of minting the 1-cent coin. The penny will remain legal tender and will still be accepted at ...

Add Yahoo as a preferred source to see more of our stories on Google. PHILADELPHIA — The United States plans to strike its last penny for circulation, part of an effort to retire the coin that has ...

It’s the end of an era for America’s smallest coin. Treasury Secretary Scott Bessent will strike the nation’s final penny in a ceremonial minting on Wednesday, marking the official end of penny ...

PHILADELPHIA (AP) — The U.S. Mint on Wednesday ended production of the penny, a change made to save money and because the 1-cent coin that could once buy a snack or a piece of candy had become ...

US businesses report difficulty obtaining pennies following the US Mint's decision to cease one-cent coin production in May, 2025, prompting retailers to round cash transactions to the nearest five ...

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 ...

Treasury Secretary Scott Bessent struck the final five pennies on Wednesday — each bearing a rare omega mark — ending U.S. penny production and creating collectors' items that could fetch millions at ...

PHILADELPHIA (AP) — The U.S. Mint on Wednesday ended production of the penny, a change made to save money and because the 1-cent coin that could once buy a snack or a piece of candy had become ...

The Federal Reserve’s decision to limit penny distribution after the U.S. Mint stopped producing the coin in November had swift and uneven consequences: Regional penny shortages occurred along with a ...

LUBBOCK, Texas (KCBD) - The United States Treasury has decided making cents no longer makes sense, minting the last penny a few weeks ago, after 232 years of production. The cost of producing the ...