The Trump administration hopes to save big bucks by phasing out the penny. The Treasury Department has placed its last order for blank pennies and plans to stop minting the 1-cent coins as soon as ...

The U.S. Treasury has stopped producing new pennies, ending more than two centuries of minting the one-cent coin. Officials say the move comes as production costs climbed to about 3.69 cents per penny ...

S. Treasurer walked onto the floor of the Philadelphia Mint and struck the final circulating Lincoln cent. The United States ...

The era of new pennies is officially over. Without a cash-rounding strategy, community banks are forced to figure out policies on their own.

A new state law erases the need for pennies in cash transactions, and businesses are being told to round down to the nearest ...

But while the copper-plated-zinc currency is dead, it is not yet gone: the estimated 250 billion pennies already in circulation will persist as legal tender, leaving customers and businesses to ...

With penny minting ended, Arizona lawmakers will send a bipartisan bill to Gov. Katie Hobbs supporting a new rounding system for cash transactions.

The Florida Senate is advancing a bill to manage cash transactions after the U.S. Treasury stopped minting pennies. The proposed legislation would require retailers to round cash totals to the nearest ...

Add Yahoo as a preferred source to see more of our stories on Google. A file photo of pennies. The State Department of Consumer Protection is advising businesses to round charges down when making ...