Tag: postage
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After two “Forever” postage stamp hikes, the USPS lost nearly $10 billion in 2024
The U.S. Postal Service on Thursday said its annual loss widened to almost $10 billion, although revenue rose slightly after two postage rate hikes this year, part of Postmaster Louis DeJoy’s plan to get the postal agency on a better financial footing. The USPS said it lost $9.5 billion in the fiscal year ended September 30,…