Get ready to round up: Treasury set to halt penny production

1. U.S. Treasury halts penny production, saving taxpayers $85 million. 2. Minting pennies costs 3.69 cents each, a 20% increase in 2024. 3. Businesses will round prices to nearest nickel due to penny shortage. 4. Penny production has been declining; many countries have phased it out. 5. Senators call penny spending wasteful as it costs taxpayers millions.