Postmaster General David Steiner will testify before the House for the first time on Tuesday to ask Congress for regulatory relief to keep the United States Postal Service afloat as it navigates dire ...

The USPS could run out of cash within a year, David Steiner warned. Steiner said the agency may need to raise its borrowing limit or increase prices to stay afloat. USPS risks losing a significant ...

As the nation prepares to mark 250 years of independence, the U.S. Postal Service (USPS) has announced its releasing a pane of 25 new Forever stamps, honoring "a small handful" of Americans who helped ...

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 ...

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 ...

Postmaster general David Steiner has called for change to federal law that caps USPS’s borrowing at $15bn The US Postal Service (USPS) will run out of funds within a year, unless lawmakers lift a cap ...

WASHINGTON, March 17 (Reuters) - The head of the U.S. Postal Service told Congress on Tuesday it could run out of money in October or November if the agency continues to make required ‌retirement and ...

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 ...

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 ...