fromBusiness Insider2 weeks agoUS politicsThe US penny is officially deadThe US Mint produced the final penny, ending its 232-year run and saving about $56 million annually because each penny cost nearly $0.04 to make.
fromwww.mcall.com6 months agoCryptocurrencyThe penny costs nearly 4 cents to make. Here's how much the US spends on minting its other coinsThe U.S. penny's production cost exceeds its face value, prompting the Mint to cease production.
fromwww.mcall.com6 months agoCryptocurrencyThe penny costs nearly 4 cents to make. Here's how much the US spends on minting its other coins
US politicsfromABC7 Los Angeles4 weeks agoBanks and retailers run short on pennies as the US Mint stops making themStopping penny production has caused nationwide penny shortages, forcing banks and retailers to ration change and prompting costly rounding and operational disruptions.