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Penny Shortage Impacts Businesses Nationwide | Penny Shortage Impacts Businesses and Financial Institutions | Penny Shortage Impacts Businesses Nationwide | Penny Shortage Impacts Businesses and Financial Institutions

Finance / Economy

Penny Shortage Impacts Businesses Nationwide

A nationwide penny shortage is forcing businesses to adapt, with some rounding cash transactions to the nearest nickel. This shift follows the U.S. Treasury's decision to pause penny production due to high manufacturing costs. The changes a...

Wisconsin financial institutions adapt to changing penny policies
Penny Shortage Impacts Businesses Nationwide Image via WMTV 15 NEWS
TOPIC usmint

Business / Economy

Penny Shortage Impacts Businesses and Financial Institutions

The U.S. penny shortage is prompting businesses and financial institutions to adapt, with some adopting rounding policies and pushing for digital payment solutions. The U.S. Treasury Department paused penny production due to high costs.

Five Questions: Jeremiah Ferrill of Superior earns one of the US Mint’s top honors