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 Trump administration hopes to save big bucks by phasing out the penny. The Treasury Department has placed its last order for blank pennies and plans to stop minting the 1-cent coins as soon as ...

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

The penny has died. At the age of 232, the iconic coin’s final batch was minted in Philadelphia on Wednesday. But while the ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. A file photo of pennies. The State Department of Consumer Protection is advising businesses to round charges down when making ...

With penny minting ended, Arizona lawmakers will send a bipartisan bill to Gov. Katie Hobbs supporting a new rounding system for cash transactions.

The Florida Senate is advancing a bill to manage cash transactions after the U.S. Treasury stopped minting pennies. The proposed legislation would require retailers to round cash totals to the nearest ...

Two months after the suspension of penny production in the U.S., retailers and bankers across Colorado are still navigating the decision. Even as federal guidance remains scarce, many say the change ...