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 news informed me that the U.S. Mint struck its last penny, (“U.S. Mint set to strike its final penny,” Nov. 12). The reason being that it cost four cents to create something that is only worth one ...

Breakthroughs, discoveries, and DIY tips sent every weekday. Terms of Service and Privacy Policy. In everyday transactions, a one cent penny is worth exactly its face ...

We independently review everything we recommend. We may get paid to link out to retailer sites, and when you buy through our links, we may earn a commission. Learn more› By Jennifer Hunter When you ...

(NEXSTAR) — Amid a widespread penny shortage that has prompted businesses to offer snacks, drinks, and gift cards (as well as warnings about incorrect change) in exchange for Lincoln cents, you may ...

WAUSAU, Wis. (WSAW) - The U.S. Mint has stopped making pennies as of November 13, ending production of the one-cent coin that costs nearly four cents to manufacture. Brian Kruse, owner of Liberty Bell ...

Change is coming to how we make change – the penny will soon be no more. In early 2024, President Donald Trump ordered the Treasury Department to stop minting pennies. Why? His reasoning echoes a ...

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 ...

ATLANTA — After more than two centuries, the U.S. Mint has officially stopped producing the penny, ending the run of America’s smallest and most iconic coin. But despite the historic shift, experts ...

A new study finds the Indian River Lagoon generates $28.3 billion in annual local economic impacts. For every dollar spent on restoring the lagoon, there is a $24 return in economic benefits. The ...