On November twelfth, the U.S. Mint ceased producing pennies, marking the end of an era for the two hundred thirty-eight-year-old coin. The decision, announced by President Trump, was due to high production costs, which exceed the coins value. The pennys demise has presented challenges for retailers, who are considering rounding prices to the nearest nickel, potentially increasing costs for customers. However, this could lead to legal issues in some states. The transition has been chaotic, with no clear guidance, unlike in other countries that phased out low-denomination coins. Retail groups are now urging Congress for legislation to address these challenges.

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