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As the end of penny production nears, owners of Rhode Island small businesses are unsure how to maneuver rounding prices and transaction totals.
With the penny going away after 2025, will the last edition of the coin have more value than typical pennies? Questions remain regarding the coin.
“So, You Want to Get Rid of the Penny,” the New York Times mused in a recent headline. “Do You Have a Plan for the Nickel?” As it turns out, nixing the penny creates new problems.
Killing the penny shortchanges the poor, UC Irvine professor says Millions of unbanked and underbanked consumers wind up paying the difference in a rounding-up scenario.
The Treasury Department has pledged to stop producing the penny by early next year. Here's why — and what becomes of your one-cent coins.
However, with the penny gone, the expected increase in nickel production could offset some of those savings by driving up overall coin manufacturing costs. How many pennies are made each year?
It’s time for a bold, uniquely American solution: along with the recently announced penny, eliminate the nickel and the dime. Let the quarter rule. This isn’t satire. It’s efficiency.
As The U.S. Treasury Ends Penny Production, Here’s What You Can Do With Your Spare Change It's the end of an era.
With the penny going away, should you start to save the ones in your piggy bank?
Why It Matters: According to a report by ABC, pro-penny lobby Americans for Common Cents argues that killing the cent just shifts losses to the nickel, which now costs nearly 14 cents to make.
In 2013, I wrote a Forbes column that became one of my most-read and most-cited, “Don’t You Dare Eliminate the Penny.” In it I considered the views of elite opinionators who wanted the ...
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