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. Postal Service's leader says it is set to run out of money in less than a year and may have to stop deliveries because of declining mail volume and what USPS sees as burdensome requirements.

Postmaster general warned that the agency could run out of cash by early 2027 without significant reform or increased borrowing authority ...

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 ...

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 ...

The warning highlights long-standing financial issues facing the USPS, which operates differently from most federal agencies.

Ultimately, other changes are needed, as well, Steiner said, including giving the Postal Service authority to raise postage prices high enough to cover losses. He said increasing ...

Congress and the postal service are discussing if reducing delivery days, increasing stamp prices, closing rural offices, or ...

USPS faces serious financial crisis and could run out of cash within a year without reforms, as Postmaster General asks Congress for financial help and policy changes.

The Postal Service is less than a year away from running out of cash and is calling on Congress to increase its limit to borrow money from the Treasury Department, the postmaster general told a House ...

The U.S. Postal Service may be forced to stop deliveries next year if current trends continue, according to the postmaster general.Postmaster General David Steiner told lawmakers this week that the ...