The penny’s dead. Your credit card might cost more. What now?
A die for a penny press is seen at the U.S. Mint in Philadelphia in November 2025. In addition to the usual markings, this one also includes an omega mark — Ω, the last letter in the Greek alphabet — used for the last pennies ever minted. Matt Slocum/AP
The penny is history, and retailers across the country are trying to figure out how to adapt. Meanwhile, a settlement between credit card companies and merchants could mean new fees, or even declined cards, at the checkout. We’ll talk about what it all means for the way we pay.
Guests
Jay Zagorsky
Economist, Questrom School of Business, Boston University
Author, “The Power of Cash: Why Using Paper Money is Good For You and Society”
Imani Moise
Personal economics reporter, The Wall Street Journal
Taylor Nelms
Vice president of research and insights, Financial Health Network
William Lo
Executive director, Carbondale Chamber of Commerce
