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New York may round prices to nearest nickel as US cancels pennies
A bill was introduced to require New York vendors to round cash purchases to the nearest five-cent denomination, in order to smooth the transition as the U.S. officially ends production of the penny.
Business owners now struggle to round prices up or down as the newly discontinued one cent coin becomes rarer.
The City of Perth Amboy announced it will begin rounding all cash payments to the nearest dollar once its remaining supply of ...
America pressed its last penny, and one can only wonder what it means when there is no penny to pinch or coins to be found in ...
Americans can continue to spend pennies, but few businesses are giving them back as the coin's 232-year run comes to an end.
The end of the penny may mean state retailers have to change cash prices for items they sell. State Sen. James Skoufis, ...
"Some McDonald’s locations may not be able to provide exact change," the company told Newsweek.
Major chains like Kwik Trip and Love's round cash transactions in customers' favor while advocating for federal rounding ...
McDonald’s told CBS News they’ll be taking on a rounding method when it comes to customers paying in cash. Reason being? The U.S. Mint in Philadelphia pressed its last penny on Wednesday, leaving ...
The penny's phase out is likely to vary from community to community, and rounding policies could differ from business to ...
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