The head of the US Postal Service has warned lawmakers that the storied 250-year-old agency is at a “critical juncture” and will run out of cash in less than a year unless Congress allows it to borrow ...
USPS, which delivers to more than 170 million U.S. addresses, has a borrowing cap of $15 billion and has already hit ​that ...
Amazon said it was working toward a new agreement with USPS to increase volumes before talks fell apart.
As the USPS warns it could run out of cash by 2027, the agency says it could soon raise the price to send a first-class letter to almost $1.
During a hearing, officials testified that the Postal Service will likely run out of money without congressional intervention ...
The U.S. Postal Service will tell Congress on Tuesday it faces a serious financial crisis and will run out of cash in less ...
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 ...
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 ...