Phyllis Resnick, Colorado Futures Center's lead economist, told Newsweek that the loss of the penny will become the "most burdensome on low-income households," pointing to their purchases of ...

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

Are you team cash or credit? Grand Ledge businesses are seeing up to 70% of transactions go digital, but those fees add up for small merchants. How do you prefer to pay at local shops?

Collier commissioners are considering asking voters to approve a penny hike in the tourist tax to build out the county-owned ...

This move by the U.S. Treasury, motivated by rising production expenses and a call for fiscal frugality, has opened up an ...

The Treasury Department announced this week that it will stop putting pennies into circulation by early 2026, and said that when the coins are eventually in short supply, businesses will need to start ...

Per the latest U.S. Mint report, it costs less than six cents to make a dime ($0.0576). To make a quarter, it costs about 15 cents ($0.1468), and nearly 34 cents for a half-dollar ($0.3397).

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

WASHINGTON — Defense firms with exposure to the commercial aerospace market indicated they could see hundreds of millions in added costs from the Trump tariffs this year, but the defense sector ...

PennyMac Financial Services ... per share of $1.42 for an annualized return on equity of 8%. Excluding the impact of fair value changes, PFSI produced an annualized operating ROE of 15%, driven ...

Good afternoon and welcome to PennyMac Financial Services Inc., First Quarter ... an annualized return on equity of 8%. Excluding the impact of fair value changes, PFSI produced an annualized ...

Recovering from the financial impacts of the pandemic has been a significant undertaking ... As we have learned before, cutting access to Medicaid is a penny-wise, dollar-foolish fiscal policy, ...