The United States Postal Service warns it could run out of cash within a year unless Congress approves financial reforms.
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The USPS is nearing a financial breaking point, postmaster general warns: 'We were thrown an anchor'
"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 ...
The United States Postal Service on Friday announced they are moving forward with postal rate changes later this summer, sending the price of a first-class stamp from 55 cents to 58 cents. The ...
This is noteworthy because the Postal Service hiked stamp prices in five consecutive Januarys from 2020 to 2024. Money; Getty Images Unlike in other years, the United States Postal Service, or ...
USPS is awaiting a report from consulting firm Alvarez & Marsal, which was hired to help with planning for all scenarios.
USPS, which delivers to more than 170 million U.S. addresses, has a borrowing cap of $15 billion and has already hit that ...
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