The worsening U.S. penny shortage has prompted the Federal Reserve to resume accepting penny deposits on Jan. 14 at more coin distribution locations. Why it matters: The move could ease checkout ...
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 ...
Here's what you need to know about the penny shortage and the Federal Reserve's choice to assist in the shortage.
Expect confusing signals and more signs of penny shortages in 2026. Even bankers are asking for some relief as coin distribution locations close.
Add Yahoo as a preferred source to see more of our stories on Google. Change is coming to how we make change, thanks to the impending demise of the penny. That’s not an alternative fact: The U.S. Mint ...
The U.S. Mint manufactured its final penny just two months ago, but some Oklahoma businesses are already adjusting their cash handling.
Pennies are vanishing from cash drawers and coin jars far faster than most people expected, as the supply of new one-cent pieces has abruptly gone to zero. With minting halted and businesses already ...
Learn to love your coins. That’s the message from Kevin McColly, CEO of Coinstar, the company behind those coin-cashing machines you see in supermarkets. American consumers made only 16% of their ...
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