Retailers have been asking customers for exact change or to check out digitally as a decision to stop minting the 1-cent coin has reduced circulation.

ARKANSAS, USA — The U.S. Treasury has officially stopped producing the penny, leaving banks, businesses, and consumers to adjust to life without the one-cent coin. With over 250 billion pennies still ...

The Office of the Comptroller of the Currency (OCC) clarified today that national banks may conduct crypto-related “riskless principal” transactions. The Office of the Comptroller of the Currency (OCC ...

As the U.S. Treasury phases out the use of the penny, it’s creating a host of new challenges for businesses and consumers that could cost all of us a good chunk of change. That’s because eliminating ...

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 payments in cash in 2023, ...

The U.S. Treasury Department has stopped producing the penny after more than 230 years. It now costs 3.69 cents to produce a single penny, which is significantly more than its face value. Pennies will ...

(The Conversation) – By now, Americans know the strange math of minting: Each penny costs about 4 cents to make. Chances are you have some in a jar, or scattered among pockets, purses and car ashtrays ...

A sign at a Trader Joe's store in Manhattan, New York, warns customers that cashiers have no pennies available for change on Nov. 19, 2025. UPDATE: This story has been updated to include a statement ...

The U.S. Treasury Department announced that it has stopped producing pennies, ending more than 230 years of minting the 1-cent coin. The penny will remain legal tender and will still be accepted at ...

Nancy Forster-Holt does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

Alas, dear penny, you served us well. We picked you up, you gave us luck. We gave you to others in exchange for their thoughts. And remember when we pondered whether dropping you from the Empire State ...

The OCC has clarified that U.S. national banks may hold crypto on their balance sheets to pay blockchain network fees and test crypto platforms. The U.S. Office of the Comptroller of the Currency (OCC ...