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

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 ...

States are setting new rules for cash purchases after the U.S. Mint stopped making pennies and the 1-cent coins get scarcer. Some states are considering legislation to allow, or require, ...

London is downright strange sometimes, and we love it all the more for that. Mark your calendars with these kooky events — some tracing back centuries, others box fresh. While some of us spend the ...

Indiana has passed a new law, Senate Bill 243, to deal with the federal phaseout of the penny, allowing retailers to round cash transactions to the nearest nickel and adjust their income accordingly.

Months after the last of the United States' 1-cent coins were pressed, some states are beginning to offer their own 2 cents on the penny problem by setting rounding guidance for cash purchases.