A first‑class stamp could soon cost nearly $1, as the U.S. Postal Service warns it may run out of money by 2027 and looks to raise prices to stay afloat. During a Tuesday, March 17 appearance before ...

The U.S.P.S. leader said at a hearing that the service could run out of cash within a year and asked lawmakers to increase its borrowing limits. By Adam Sella David Steiner, the postmaster general, ...

Amazon.com AMZN-1.38%decrease; red down pointing triangle is planning to sharply cut the number of packages it ships through the U.S. Postal Service, a move that could cost the agency billions of ...

If it continues business as usual, the U.S. Postal Service is on track to run out of cash for paying its workers and vendors in about a year and may have to stop deliveries, Postmaster General David ...

WASHINGTON, March 17 (Reuters) - Amazon.com (AMZN.O), opens new tab plans to sharply cut the number ‌of packages it sends through the U.S. Postal Service after failing to agree business terms, a ...

Postmaster General David Steiner is testifying before the House Oversight and Government Reform Committee on Tuesday afternoon about the financial future of the United States Postal Service. The ...

The Postal Service is less than a year away from running out of cash and is calling on Congress to increase its borrowing limit with the Treasury Department. Postmaster General David Steiner told ...

The U.S. Postal Service will run out of cash within a year unless Congress lifts a decades-old cap and allows the agency to borrow more money, the new postmaster general warned in an interview this ...

WASHINGTON, March 16 (Reuters) - The U.S. Postal Service will tell Congress on Tuesday it faces a serious financial crisis and will run out of cash in less ‌than a year in the absence of significant ...

Six months after getting a new postmaster general, the U.S. Postal Service faces significant challenges as it tries to cut costs and stem massive losses while hand-delivering mail to virtually every ...