The penny coin is getting phased out, a cost-cutting move that could ripple through consumer behavior, retailers' pricing strategies and cash transactions. Why it matters: It'll be harder to make ...
EMAIL TO NOT PERFORM ANY WORK RELATED TASKS. THE BUREAU HAS NOT COMMENTED ON THE CHANGES.### PRESIDENT TRUMP SAYS HE HAS DIRECTED THE TREASURY DEPARTMENT TO STOP MINTING NEW PENNIES. THE PRESIDENT ...
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The penny costs nearly 4 cents to make. Here's how much the US spends on minting its other coins
NEW YORK (AP) — The impending “death” of the U.S. penny has spotlighted the coin's own price tag — nearly 4 cents to make and distribute each, or quadruple its value. Months after President Donald ...
The final 1-cent coin pressed by the U.S. Mint on Wednesday cost more than a pretty penny to make. In fact, it cost about three of them, and some change. The end of the 232-year-old coin comes after ...
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