Today marks a significant moment in U.S. currency history as the US Mint in Philadelphia presses its last-ever penny, effectively ending the production of the 1-cent coin after more than 230 years. The decision to cancel the penny has raised concerns among retailers and consumers, prompting businesses to adapt to new rounding policies due to a growing penny shortage. As financial institutions and retailers nationwide prepare for the transition, the impact of this change is being felt across various sectors, including fast-food chains and cash-only businesses.