Penny production in the U.S. is grinding to a stop. More than 3 billion pennies were minted in the U.S. last year, but according to the U.S. Mint’s annual report from 2024, they’re now more expensive ...

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 ...

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. 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 ...