What the end of the penny means for prices and your piggy bank
![What the end of the penny means for prices and your piggy bank](https://media-cldnry.s-nbcnews.com/image/upload/t_fit_1500w/rockcms/2025-02/250210-pennies-penny-vl-337p-121827.jpg)
Read more at NBC News
Topics
-
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 - 13h -
Trump is unlikely to end Medicare drug price talks — here's what that means for patients and pharma
Trump could either weaken the negotiations in a way that benefits the pharmaceutical industry, or try to achieve even deeper savings to outdo his predecessor.CNBC - 18h -
Trump to set tariffs on aluminum and steel; orders end of of pennies
President Donald Trump announces that “any steel coming into the United States is going to have a 25% tariff” as the fate of the penny hangs in the balance after he instructs the Treasury to stop ...NBC News - 19h -
M&S boss says retailers 'raided like a piggy bank'
Stuart Machin says the sector is facing a wave of tax rises and the government needs to "lighten the burden".BBC News - 1d -
What Are You Projecting on Your Business?
Self-fulfilling prophecies can have a profound effect on the health of your business.Inc. - 2d -
U.S. hiring slowed in January, what this means for the economy
U.S. job growth in January was weaker than expected according to the latest Bureau of Labor Statistics data. CBS News MoneyWatch correspondent Kelly O'Grady explains what this means.CBS News - 3d -
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates would have unintended consequences.CNBC - 3d -
What the January Jobs Report Means for Small Businesses
A slight cooling off of the labor market saw job creation falling behind expectations, but the unemployment rate dipped slightly too, Bureau of Labor Statistics data show.Inc. - 3d -
What Privatization of Fannie Mae and Freddie Mac Means
Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump administration is considering letting them go private again.The New York Times - 3d
More from NBC News
-
White House officials bristle as the courts throttle parts of Trump's agenda
The nation may be edging closer to a constitutional crisis as senior White House officials bristle over a string of court orders stymieing Trump’s agenda.NBC News - 4h -
In test to fragile ceasefire, Hamas announces delay of hostage release
Hamas say it would delay the hostage release scheduled for next weekend, claiming Israel had violated terms of the ceasefire deal. Meanwhile, Israel said any such delay would be a violation, and ...NBC News - 7h -
New treatments are needed for alcohol addiction. Are drugs like Ozempic the answer?
There's growing evidence to suggest that GLP-1 drugs, which include Ozempic's semaglutide, may be useful for treating alcohol use disorder.NBC News - 10h -
In 'Love Hurts,' Ke Huy Quan finally gets his lead role
Actor Ke Huy Quan is finally front and center after almost four decades in the entertainment industry, a few blockbuster hits and an Oscar under his belt.NBC News - 10h -
Elon Musk and investors offering $97.4 billion for control of OpenAI, WSJ reports
Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The Wall Street Journal reported on Monday.NBC News - 10h
More in Top stories
-
BP profits drop as it says it will reset strategy
The oil giant is widely expected to say it will scale back on renewables later this month.BBC News - 26m -
Two children die in Detroit cold while sleeping in van, police say
Two children in Detroit died of suspected exposure to the cold after being found unresponsive in the van where the family was living Monday, police said.NBC News - 35m -
Trump 2nd term live updates: Fort Liberty renamed as Fort Bragg, Hegseth says
Defense Sec. Pete Hegseth helped the president fulfill a campaign pledge, reverting Fort Liberty to Fort Bragg -- but not for Confederate General Braxton Bragg.ABC News - 36m -
Trump announces 25% tariffs on all steel and aluminium imports
The move threatens to have a big impact in Canada, a major source of the metals in the US.BBC News - 39m -
Church risks further crisis if it doesn't act, says ex-child abuse inquiry chair
The Church's national assembly is voting on options to radically change its safeguarding processes.BBC News - 45m