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 ...
By David Shepardson WASHINGTON, March 4 (Reuters) - The U.S. Postal Service is hiring restructuring advisers to help address ...
More delays are expected with Royal Mail deliveries this week, with 20 postcodes set to be affected. Delays have become a "problem" for Royal Mail recently, with new figures showing they are failing ...
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 said running out of cash will mean the Postal Service will not be able to pay its workers or ...
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 ...
The U.S. Postal Service is hiring restructuring advisers to help address its mounting financial troubles, Postmaster General David Steiner told Reuters in an interview.
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