The Postal Service is burning through cash faster than it can raise stamp prices.
"I like to say that we got thrown overboard and into the water. But, instead of tossing us a life jacket, we were thrown an ...
Illinois Governor JB Pritzker, a Democrat, was among those that blamed Republican President Donald Trump for the hike, saying ...
“At our current rate, we’ll be out of cash in less than 12 months," Postmaster General David Steiner said ...
Several House Republicans who played a critical role in passing reform legislation in 2022 said they were skeptical of providing further assistance to USPS.
The Postmaster General warns USPS could run out of cash by 2027, potentially raising first-class stamp prices to 95 cents.
USPS is proposing a temporary 8% surcharge on Priority Mail and other shipping services as rising fuel costs strain finances.
You may not realize it, but the United States Postal Service (USPS) plays an extra special role this time of year, from getting your family holiday cards out to ensuring you get those packages on ...
The United States Postal Service is warning it could soon face a financial breaking point, with leaders saying the agency may ...
The warning highlights long-standing financial issues facing the USPS, which operates differently from most federal agencies.
The postal service will be unable to deliver the mail in the next 12 months if nothing changes, he said.