I think you would see a much more significant impact on prices because you'd be rounding up 10 cents. The U.S. president doesn't have the authority to retire the penny forever with that power ...

The U.S. government is no longer going to mint pennies, and soon cash retail transactions will be rounded to the nearest ...

After over 230 years, the U.S. mint will no longer be making pennies.The United States Treasury Department announced the ...

After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.

The U.S. last week unveiled its plan to finally phase out the lowly penny. The Treasury Department has placed its last order ...

Republicans in the US House of Representatives narrowly passed President Donald Trump’s major budget bill on Thursday, and ...

The U.S. Treasury is discontinuing the penny, finalizing its last order for the coin due to its high production cost. Cash ...

Here, experts weigh in. The Impact Removing the Penny Can Have On the Economy If the 1-cent coin is no longer used as legal tender, prices will likely adjust to accommodate the nearest 5-cent ...