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USPS will charge 3 more cents to mail your letter

  • The US Postal service announced today that it's planning on raising the price of stamps to 49 cents, which is 3 cents more than the previous price. 

    The chairman of the postal Board of Governors has mentioned the "precarious" financial condition of the agency, which is reportedly going to lose $6 this year. 

    USPS is funded by the sale of products, services and postage. It has now hired a futurist and is studying as to whether or not stamps even have a future. 

    The independent Postal Regulatory Commission must approve this increase. 

    Tagged as: USPS loss, postal service loss, stamp price USPS, postal service stamp, money news, business news