Saturday, 8 August, 2026
Stuck in Red Ink: USPS Delivers a $2.5 Billion Deficit
By TechShots Studio
The U.S. Postal Service posted a $2.5 billion net loss for its fiscal third quarter, despite a slight improvement over last year's $3.1 billion loss. Facing a deepening cash crisis, leadership warned that without urgent Congressional intervention or stamp price hikes, the agency may be forced to close thousands of post offices and slash service levels.
Read full story at REUTERS