All articles tagged with #coin shortage
Originally Published 2 months ago — by CBS News
Giant Eagle held a 'Penny Exchange Day' where customers exchanged over 100 million pennies for gift cards, addressing the coin shortage caused by the U.S. Treasury phasing out penny production, and distributing more than $2 million in gift cards.
Originally Published 2 months ago — by Axios
The US Mint has stopped producing pennies, leading to a coin shortage that is affecting cash transactions in stores, complicating legal and operational issues, especially around SNAP benefits, with retailers seeking guidance from the government on handling exact change and rounding policies.
Originally Published 2 months ago — by BBC
US retailers are facing a shortage of pennies after the US Mint stopped producing them, leading to rounding cash transactions to the nearest five cents and causing financial and logistical challenges for businesses, especially those dealing with cash payments and lower-income customers.
Originally Published 2 months ago — by Fortune
The U.S. has stopped minting pennies, leading to shortages that are affecting retailers and banks, causing logistical challenges, legal issues, and financial losses, with calls for government guidance on managing the situation.
Originally Published 2 months ago — by ABC News
The US Mint has stopped producing pennies, leading to shortages in banks and retailers, causing logistical issues, increased costs, and legal complications, with calls for federal guidance on managing the situation.