As pennies begin to disappear, states grappling with "rounding" problem for cash purchases
CBSN
Months after the last of the United States' one-cent coins were pressed, some states are beginning to offer their own two cents on the penny problem by setting rounding guidance for cash purchases.
Months after the last of the United States' one-cent coins were pressed, some states are beginning to offer their own two cents on the penny problem by setting rounding guidance for cash purchases.
President Trump announced an end to penny production early last year, saying it was wasteful. It cost 3.7 cents to make each 1-cent coin in 2024, according to the U.S. Mint's annual report from that year.
The move led to a shortage of pennies in cash registers last summer, forcing consumers and businesses to confront a penniless future in which making exact change would be difficult.
Some retailers began pulling out all the stops just to scrounge up some pennies.
Major retailers took varied approaches.
Washington — President Trump is taking questions from reporters ahead of a meeting with the Kennedy Center board of trustees on Monday, which is taking place as the third week of Iran war is underway. Tucker Reals contributed to this report. In:
As the war in the Middle East drives up energy prices, Americans are feeling the pinch at the gas pump. With elevated prices likely to stick around in the near future, experts say there are some practical steps drivers can take to stretch their fuel a little farther. Edited by Aimee Picchi In:
Gasoline prices inched higher on Monday with Brent crude remaining above $100 per barrel, as the Strait of Hormuz, a vital shipping lane for the global energy supply, remains paralyzed amid the Iran war. In:
Travelers continue to face long lines at airports across the U.S. due to the partial government shutdown affecting TSA agents. In:
A haunting whale song discovered on decades-old audio equipment could open up a new understanding of how the huge animals communicate, according to researchers who say it's the oldest such recording known. In:
Mexican authorities have arrested a suspected drug trafficker who played a key role in the raid that led to the death of Mexican drug lord Nemesio Oseguera last month, the defense ministry said on Sunday. In:
UConn edged UCLA as the No. 1 overall seed in women's NCAA Tournament when the bracket was announced Sunday night. In:
Americans eager for lower borrowing costs may have a long wait ahead of them. Edited by Alain Sherter In:
Gunnar Henderson and Roman Anthony homered and the United States limited the Dominican Republic's electric offense to win a thrilling semifinal 2-1 on Sunday and move one win from capturing its second World Baseball Classic championship. In:
The documentary "All the Empty Rooms," which memorialized children killed in school shootings through a look at the bedrooms they never returned to, took home the Oscar for Best Documentary Short at the 98th Academy Awards on Sunday. In:
A tie at the 2026 Oscars on Sunday marked a rare moment for the movie awards ceremony — the seventh time in the academy's history that two awards were given for one category. In:
Texas Republican Rep. Dan Crenshaw said Sunday that President Trump is "doing what's needed" as the Pentagon is set to deploy a few thousand more Marines to the Middle East as tensions escalate between the United States and Iran. In: