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 ...
The Postal Service's net losses for the 2025 fiscal year totaled $9 billion, even though total operating revenue increased by $916 million, or 1.2%.
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. If it ...
Postmaster General David Steiner has failed to turn around the USPS's unsustainable business model, resulting in a $1.3 billion loss in the first quarter of fiscal 2026, and has instead prioritized ...
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