ISLAMABAD: The Federal Constitu­tional Court (FCC) on Friday affirmed workers’ right to pension, holding that employees with fourteen-and-a-half years or more of service are entitled to a monthly ...
As pennies vanish from the American landscape, many businesses need for federal guidance on how to handle cash transactions ...
Stores from Kroger to Whole Foods are implementing policies as some stores run out of pennies. Some are rounding or asking ...
Since the U.S. stopped minting pennies last month, businesses have had to adapt to the resulting shortage, particularly for prices that don’t end in a “0” or “5.” Many, including restaurants, have ...
The other day at a bodega off West Fourth Street, I watched the cashier point to a handwritten sign that read, “NO PENNIES. CASH TOTALS ROUNDED.” My friend tapped her phone to pay and moved on without ...
(The Center Square) – State governments are left holding the bag on the U.S. government's halt to the production of a penny, a new report from the National Conference of State Legislatures says.
The U.S. penny may finally be on its way out. Producing each coin now costs the U.S. Mint about 3.7 cents, at a total taxpayer cost of more than $100 million per year. Ending production may make ...
After a run of more than 230 years, the U.S. is done producing the penny. While the death of the little copper coin leaves many feeling nostalgic, producing it simply isn’t worth it for the U.S. Mint ...
The final penny was pressed on Nov. 12. The Secretary of the Treasury decided to suspend production of the 1-cent coin after determining it was no longer needed—and becoming increasingly expensive to ...
ALBANY, N.Y. (NEXSTAR) — State Senator James Skoufis, an Orange County Democrat, introduced a bill on Friday that would require vendors to round cash purchases to the nearest five-cent denomination.