2025-03-03
8 分钟This episode is sponsored by Northern Trust Wealth Management.
There is more to being a successful entrepreneur than just good business practices.
What is it about an entrepreneur's childhood that helped fuel their entrepreneurial spirit?
What are entrepreneurs doing to cultivate this spirit in their own children and build a legacy beyond their business?
Tune in each month to the Road to Why podcast by the Northern Trust Institute,
where host Eric Shapaea dives deeper with leading entrepreneurs on these topics and more.
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Here's your money briefing for Monday March 3rd.
I'm Mariana Asburu for the Wall Street Journal.
President Trump has called for a cut down on what he calls wasteful government spending.
On the list, pennies.
Last month, he instructed the US Treasury to stop producing new ones.
In a post on Truth Social, Trump called to, quote,
rip the waste out of our great nation's budget, even if it's a penny at a time.
But what does it mean for consumers if the US ditches pennies?
Politicians, lawmakers, and economists have been asking that question for years.
Why do we keep making pennies?
Some economists say that it's mainly the inertia of just being used to pennies.
But local business owners also worried that if we were to get rid of pennies,
maybe that would inflate prices or discourage customers who were used to paying for things in cash from spending altogether.