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Yesterday — 16 October 2025Main stream

The Penny’s Demise Is Leaving Some Businesses Shortchanged

By: Sopan Deb
16 October 2025 at 04:54
Some stores are rounding transactions to the nearest nickel and encouraging customers to pay with plastic, citing the Treasury Department’s decision to phase out the penny.

© Saul Loeb/Agence France-Presse — Getty Images

The Treasury Department announced earlier this year it was winding down the production of the penny.
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