A USPS collection box is pictured in Washington on Dec. 18, 2024. Benoit Tessier/Reuters
The U.S. Postal Service wants to increase the price of a First-Class Mail Forever stamp from 78 cents to 82 cents. The increase would be part of broader rate hikes the agency has filed with its federal regulator Thursday amid its worsening financial situation.
Forever stamp prices went up from 63 to 66 cents in July 2023, the second hike that year, in the wake of an earlier rise from 60 to 63 cents in January. The July 2023 increase represented the fifth stamp price hike since 2019. Despite the rate hikes, the U.S. Postal Service recorded a $6.5 billion net loss for the 2023 fiscal year.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.
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