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A Penny Spurned: Does the Lesser Coin Still Make Sense?
The penny’s fate remains uncertain. No executive order has been published regarding the president’s penny directive, and the ...
So long, penny! Trump orders US to ditch 1-cent coin after decades of complaints
President Donald Trump announced Sunday he’s ordered his administration to cease production of the 1-cent coin, whose buying power is long past its prime.
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US Stablecoins and Digital Euro Pose Dual Threat to European Bank Deposits
The U.S. views stablecoins as a way to strengthen dollar dominance and boost demand for Treasuries. On the other hand, the EU ...
Trump orders Treasury to stop minting pennies: How much does it cost to mint a penny?
Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.
The Penny Debate: Does Making Cents Make No Sense?
But does making cents really make no sense? Here’s what to know.
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No more pennies? Donald Trump orders halt to costly coin production
Donald Trump orders the Treasury to stop minting pennies, citing high production costs. His administration's cost-cutting ...
Why ditching the penny may not cost Americans much
Two decades ago, Raymond Lombra, a now-retired economist at Penn State University, warned of a "rounding tax" that could amount to at least $600 million a year if merchants were to routinely add a ...