The Secretary of the Treasury suspended production of the 1-cent coin, with the final penny pressed Nov. 12., after ...
Here's what you need to know about the penny shortage and the Federal Reserve's choice to assist in the shortage.
With the U.S. Treasury Department no longer putting new one-cent coins into circulation and businesses reporting a growing ...
Several coin distribution locations — including in Detroit and elsewhere in Michigan — are to resume accepting penny deposits ...
Expect confusing signals and more signs of penny shortages in 2026. Even bankers are asking for some relief as coin ...
The U.S. Mint manufactured its final penny just two months ago, but some Oklahoma businesses are already adjusting their cash ...
There are two factors to consider here: production and circulation. Back in February 2025, President Donald Trump instructed the US Mint to stop producing new pennies. From an economic standpoint, the ...