U.S. Government to Phase Out the Penny by 2026 - What It Means for Shoppers & Businesses

The U.S. government is phasing out the penny! The Treasury Department will stop putting new pennies into circulation by early 2026, the Wall Street Journal reports. There won’t be enough pennies to use in everyday cash transactions, so businesses will need to start rounding up or down to the nearest 5 cents, the Treasury said [...]