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 ...

So what will the demise of the penny actually mean for the average U.S. citizen? Taking the penny out isn’t actually supposed ...

“You can go to your own bank or credit union and not pay any fee,” said Kimberly Palmer, personal finance expert at NerdWallet. Both NerdWallet and Bankrate offer tip sheets on exchanging coins for ...

As penny production ends, collectors and hoarders alike wonder what’s next for billions of U.S. cents still in circulation.

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