States are setting new rules for cash purchases after the U.S. Mint stopped making pennies and the 1-cent coins get scarcer.

Learn to love your coins. That’s the message from Kevin McColly, CEO of Coinstar, the company behind those coin-cashing machines you see in supermarkets. American consumers made only 16% of their ...

Retailers across the country are adjusting to the U.S. Treasury's decision to phase out penny production.

President Trump wants to end production of the penny It takes about 3.7 cents to produce and distribute one penny A 233-year run could be over. President Donald Trump announced Sunday that he is ...

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

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 ...

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

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

If a bill introduced by two Ohio legislators passes, businesses could round cash payment amounts to the nearest nickel and eliminate pennies.

The penny has died. At the age of 232, the iconic coin’s final batch was minted in Philadelphia on Wednesday. But while the copper-plated-zinc currency is dead, it is not yet gone: the estimated 250 ...

Lancaster County officials are preparing to make real change, it just may no longer be exact. The Lancaster County Board of ...