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- Indexed articles, last 90 days
- 60
- Latest publication
- Oct 1, 2026
- Outlet visibility, for Money Talks News
- Top 500K sites
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- Jul 4, 2026
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Can we still use pennies? Congress plots a penniless future - AOL (opens the original)
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America may finally have a plan to survive without pennies. The Treasury Department stopped minting pennies in 2025, under orders from President Donald Trump. Pennies cost more to mint than they were worth. Most Americans found them a nuisance. But retailers need pennies to make change, and penny shortages vexed cashiers even before production ceased. With the penny tray empty, how can a clerk settle a $9.98 transaction when the customer pays with a ten-dollar bill? This week, Congress passed a
Can We Still Use Pennies? Congress Plots a Penniless Future (opens the original)
Read excerpt
America may finally have a plan to survive without pennies. The Treasury Department stopped minting pennies in 2025, under orders from President Donald Trump. Pennies cost more to mint than they were worth. Most Americans found them a nuisance. But retailers need pennies to make change, and penny shortages vexed cashiers even before production ceased. With the penny tray empty, how can a clerk settle a $9.98 transaction when the customer pays with a ten-dollar bill? This week, Congress passed a
Fewer older Americans are working. Here's one likely reason - AOL (opens the original)
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Older Americans make up an ever-larger share of the workforce, a trend that dates to the 1990s. Over the past few years, however, the employment rate among older Americans has been falling. The share of Americans ages 55 and over participating in the labor force dropped from 39.2% in February 2022 to 36.9% in July 2026, according to data from the federal Bureau of Labor Statistics. In a brief Aug. 11 note, economists from Bank of America theorized that older Americans are retiring en masse becau
Fewer Older Americans Are Working. Here’s One Likely Reason (opens the original)
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Older Americans make up a growing share of the workforce, a trend that dates to the 1990s. But the employment rate among older Americans has fallen in recent years. The share of Americans 55 and older participating in the labor force declined from 39.2% in February 2022 to 36.9% in July 2026, according to the Bureau of Labor Statistics. Economists at Bank of America have suggested that a booming stock market may be one reason more older Americans are retiring. “We think the strength of the equit
Here's how high-income Americans keep spending in a shaky economy - AOL (opens the original)
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Checking account running low? Prices running high? Time to sell some stocks. Wealthy Americans increasingly tap investment accounts for cash, leveraging the massive stock market gains of recent years to cover the rising costs of everyday life. The share of Americans moving money from investment accounts to checking accounts has nearly quadrupled since 2015, from 2.4% to 8.2%, according to a new report from JPMorganChase Institute. The analysis looked at account activity between February and Apri
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