The mail may soon stop — and not because it’s lost in transit. The cash-strapped United States Postal Service is barreling ...

Postmaster General David Steiner will testify before the House for the first time on Tuesday to ask Congress for regulatory relief to keep the United States Postal Service afloat as it navigates dire ...

From FERS to TSP to recent legislation, decades of policy shifts have reshaped how federal employees earn, save for and ...

For years, the cost of retirement fund payments has hung around the U.S. Postal Service like an albatross. According to Brookings, “As of September 30, 2024, the US Postal Service (USPS) FERS ...

The head of the U.S. Postal Service told Congress on Tuesday it could run out of money in October or November if the agency ...

USPS, which delivers to more than 170 million U.S. addresses, has a borrowing cap of $15 billion and has already hit ​that ...

USPS faces serious financial crisis and could run out of cash within a year without reforms, as Postmaster General asks Congress for financial help and policy changes.

Amazon said it spent more than a year working toward a new long-term agreement with USPS before its current contract expires ...

By David Shepardson WASHINGTON, March 16 (Reuters) - The U.S. Postal Service will tell Congress on Tuesday it faces a serious financial crisis and will run out of cash in less than a year in the ...

Several House Republicans who played a critical role in passing reform legislation in 2022 said they were skeptical of providing further assistance to USPS.

The U.S. Postal Service's leader says it is set to run out of money in less than a year and may have to stop deliveries ...

As the U.S. Postal Service and the National Association of Letter Carriers have opened contract negotiations on a new collective bargaining agreement, Eric Gregorovic says carriers are suffering ...