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See a penny, pick it up? In the future, probably not as often — and, some say, that matters
Ask someone for their thoughts, could it now cost you a nickel? If you want to call somebody stingy, would you say they’re a ...
The U.S. Treasury will stop minting pennies. Here’s how the math adds up
The Treasury reportedly lost over $85 million producing the one-cent coin last year. It has now placed its final order of ...
So what happens to America’s 114 billion pennies once the US stops making them?
"There's a saying in retail, 'Never lose a customer over a penny.' I never really thought of it in these terms, but it ...
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The penny costs nearly 4 cents to make. Here’s how much the US spends on minting its other coins
Many of those expenses have been on the rise — and the penny isn’t the only coin entering our wallets today that costs more to make than it’s worth (enter the nickel debate). Here’s a ...
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So what happens to America’s 114 billion pennies once the US stops making them?
The math says that all those pennies could fill a cube roughly 13 ... will start rounding transactions up or down to the nearest nickel. The decision when to do that will rest with each retailer ...