India, April 10 -- The United States Postal Service is looking to increase prices again as it faces what it's calling a "serious financial crisis."
If the proposal gets the green light, the price of a First-Class Mail Forever stamp will jump by four cents to 82 cents, with the hike scheduled to kick in on July 12. This proposal was sent to the Postal Regulatory Commission and would bump up overall mailing costs by about 4.8%, affecting letters as well as postcards.
This comes right on the heels of USPS suggesting an 8 percent surcharge on package and express deliveries to help counterbalance the rising fuel prices tied to global disruptions, including the situation in Iran. USPS mentioned that these price increases are crucial to handle e...