Penny Crisis as US Mint Halts Production

Reported about 11 hours ago

The United States is facing a significant shortage of pennies following President Trump's decision to cease their production earlier this year. As banks and retailers struggle to provide exact change, some stores resort to promotions to acquire pennies, while others report losses from required rounding practices to avoid legal issues. The situation worsens as the holiday shopping season approaches, leaving the retail and banking sectors seeking federal guidance on how to manage the fallout from this abrupt policy change.

Source: YAHOO

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