The Postal Service’s looming liquidity crisis is not unexpected. In fact, it has been predicted for nearly two decades.
On Thursday, the USPS filed notice with the Postal Regulatory Commission to raise the price of a first-class stamp by four ...
The U.S. Postal Service says it will temporarily suspend its employer contributions to Federal Employees Retirement System ...
House Democrats turned a San Francisco law school classroom into a makeshift hearing room as former Speaker Nancy Pelosi led ...
Postmaster General David Steiner warned lawmakers that USPS will run on of cash in less than 12 months, if it continued to ...
Suspending FERS payments, effective April 10, will free up about $2.5 billion in the current fiscal year, according to USPS.
The moves are the latest attempts to stave off a looming financial crisis, and come on top of an 8 percent package surcharge ...
The US Postal Service said Thursday it would temporarily suspend payments to an employee pension plan to free up cash amid a ...
The U.S Postal Service said it has requested to raise the price of a First-Class Mail Forever stamp from 78 cents to 82 cents ...
The cash-strapped U.S. Postal Service has suspended pension payments and seeks to raise the price of a First-Class stamp by 4 ...
The move to pause retirement contributions frees up to $2.5 billion for the ailing agency, which is increasing Forever stamps ...
The USPS is facing a severe financial crisis and could run out of money early in 2027. The agency has proposed hiking stamp ...
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