The decision to stop minting pennies stems from the rising cost of production. According to the U.S. Mint, producing a single penny now costs 3.69 cents, a significant increase from previous years.

The demand for pennies seems to be growing. Now, the U.S. Mint stopped making pennies businesses are starting to feel the impacts. You may have seen signs at local stores talking about new ways to ...

The U.S. Treasury Department has ended the production of the penny after 232 years. It cost nearly 3 cents to produce a single 1-cent penny. Americans can continue to spend pennies at retailers, which ...

The U.S. has officially stopped producing pennies because they cost more to manufacture than their one-cent value. While production has ceased, pennies remain legal tender and are still accepted as ...

The U.S. has officially stopped producing pennies because they cost more to make than they are worth. Some retailers are experiencing penny shortages and are rounding cash transactions to the nearest ...