FOX Business Flash top headlines for December 27
2:22
FOX Business Flash top headlines for December 27
Dec 27, 2023
Fox BusinessBreck Dumas
The 1-cent coin is officially history: this week, after 232 years, the U.S. Mint has produced its final penny. Why? It now costs 3.69 cents to make a single one-cent coin—nearly four times its value. With hundreds of billions already in circulation, ending production will save the government millions each year. Here’s what to talk to your kids about: • Why the penny mattered for so long—and what it symbolized about hard work and everyday life. • If they were in charge, would they keep the penny
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So long, penny. The U.S. Mint pressed its final one-cent coin on Wednesday. In 2008, 60 Minutes reported that MIT scientist Jeff Gore estimated Americans waste 2.4 hours a year dealing with pennies. | 60 Minutes
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