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The United States is facing a nationwide penny shortage as the U.S. Mint halts production of one-cent coins. Businesses and banks are running out of pennies, forcing stores and fast-food chains like McDonald’s to round cash transactions to the nearest five cents. Learn why pennies are disappearing, how it affects cash payments, and what this shortage means for consumers and businesses. Stay informed about this unusual cash crisis and the future of America’s smallest coin.

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#PennyShortage #USMint #CashRounding #CoinShortage #USNews #USBusinessNews #FinanceUpdate #McDonaldsNews #CashlessEconomy #MoneyNews

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U.S. penny shortage, US Mint stops pennies, penny production 2025, cash rounding, stores run out of coins, McDonald’s cash policy, penny shortage news, banks low on pennies, American coin shortage, cash payments US

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Transcript
00:00Across the United States, businesses and banks are facing an unexpected problem.
00:06They're running out of pennies.
00:08According to verified reports from ABC News, Patch, and CBS News,
00:13the U.S. Mint has officially stopped producing new one-cent coins
00:17after ordering its final batch of penny blanks earlier this year.
00:22The main reason is cost.
00:24It now takes nearly 3.7 cents to manufacture a single penny,
00:30making production unsustainable.
00:32As a result, banks and retailers nationwide are experiencing shortages
00:37and customers are beginning to notice the impact in everyday transactions.
00:43Many stores have started rounding prices to the nearest 5 cents for cash payments,
00:47while some fast food chains, including McDonald's,
00:51have introduced rounding policies to simplify change.
00:55Digital and card payments remain unaffected,
00:58but cash users may find they receive fewer coins back.
01:03The U.S. Mint has stated that the halt in penny production
01:06is part of a long-term cost-saving strategy,
01:10as inflation and rising metal prices continue to drive up expenses.
01:15Economists say this could be the first step toward eliminating the penny entirely,
01:19a move that's been debated for years due to its low purchasing power
01:23and high production costs.
01:26For millions of American consumers and businesses,
01:29this shortage highlights how even the smallest coin
01:32can play a big role in the economy,
01:35and how the nation is gradually moving closer
01:38to a fully digital cash-light future.
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