US Retailers Left Short-changed as Penny Production Ends

November 1st marks a significant shift in retail as the penny disappears from cash transactions. Businesses scramble to adapt, with some rounding prices and others absorbing the loss. The government expects to save millions, but the coin isn't vanishing overnight. As the phaseout continues, consumers and businesses adjust, with some welcoming the change and others worrying about price hikes. The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.