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The federal government made its final order of penny blanks this month — the first step to end the production of the 1-cent ...
WASHINGTON -- The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, ...
The Treasury Department announced this week that it will stop putting pennies into circulation by early 2026, and said that when the coins are eventually in short supply, businesses will need to start ...
The U.S. Treasury Department has taken a large step toward officially eliminating the one-cent coin, ordering its final batch ...
There is currently no official plan to recall pennies, and financial institutions are expected to continue accepting them. While pennies will remain legal tender, they will gradually disappear from ...
The U.S. Treasury Department says it will phase out production of new pennies early next year after President Donald Trump asked the agency to stop producing the coin that has been part of the ...
The U.S. Mint’s annual report for 2024 found that a penny costs 3.69 cents to make. Its production resulted in a loss of $85 million for the Mint last year.
The U.S. government is no longer going to mint pennies, and soon cash retail transactions will be rounded to the nearest ...
The U.S. Mint will stop making pennies once its final supply of blanks is gone, following a Trump administration directive ...
The Washington Post reported that the Treasury placed its final order for blanks this month with expectations that it will ...
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