Without Pennies, What Becomes of Penny Loafers?
The fashion world pondered the future of the iconic shoe after learning that a presidential order might eliminate the penny.
Read more at The New York Times
Topics
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How useful is the penny?
President Trump announced Sunday that he ordered the U.S. Mint to stop printing the U.S. penny, saying it "literally cost us more than two cents." Trump's action is the latest move in a ...CBS News - 2d -
Why Trump is going after the penny
President Trump ordered the Treasury Department to stop minting new pennies, citing the rising cost of production. Kelly O'Grady explains.CBS News - 2d -
What the end of the penny means for prices and your piggy bank
Talk to end the penny’s production has been bandied about for decades among government officials and economists.NBC News - 3d -
What the end of the penny means for the economy, your piggy bank, and the way America prices items
President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.CNBC - 3d -
Vance Challenges Courts’ Power, and Trump Targets the Penny
Plus, why golden retrievers keep losing.The New York Times - 3d -
No more minting 'wasteful' pennies, Trump tells Treasury
The US President cites rising costs as the reason for discontinuing production of the one cent coinBBC News - 3d -
Why ditching the penny may not cost Americans much
Rounding prices to the nearest nickel would not have “any significant inflationary consequences,” a 2023 study found.MarketWatch - 3d -
Trump directs Treasury to stop making pennies
President Trump on Sunday announced that he asked the Treasury Department to stop producing pennies, calling the one cent coin wasteful. He said in a Truth Social post that he told Treasury ...The Hill - 3d -
Andreessen Horowitz Defends Hiring Daniel Penny
Mr. Penny, who was acquitted after choking a mentally ill subway passenger who died, was hired to join the firm’s American Dynamism investment team.The New York Times - Feb. 6
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