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BusinessOctober 11, 2022

U.S. Postal Service announced Friday it has filed a request with the Postal Regulatory Commission for permission to raise the cost of first-class "Forever" stamps from 60 to 63 cents, effective Jan. 22. Postmaster General Louis DeJoy said in August that inflation would cause USPS's costs to exceed its 2022 budget plan by more than $1 billion, in citing rationale for the hike...

U.S. Postal Service announced Friday it will seek to raise the price of a first-class "Forever" stamp to 63 cents.
U.S. Postal Service announced Friday it will seek to raise the price of a first-class "Forever" stamp to 63 cents.Nati Harnik ~ Associated Press, file

U.S. Postal Service announced Friday it has filed a request with the Postal Regulatory Commission for permission to raise the cost of first-class "Forever" stamps from 60 to 63 cents, effective Jan. 22.

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Postmaster General Louis DeJoy said in August that inflation would cause USPS's costs to exceed its 2022 budget plan by more than $1 billion, in citing rationale for the hike.

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