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Justin Sullivan, Getty Images
Justin Sullivan, Getty Images
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Post Office Records Big Losses

The struggling U.S. Postal Service on Thursday reported an annual loss of a record $15.9 billion, capping a tumultuous year in which it was forced to default for the first time on billions in payments to avert bankruptcy.

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mr_t_in_dc, flickr
mr_t_in_dc, flickr
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Postal Service – Please Take All These Simpsons Stamps Off Our Hands

Are you a big Simpsons fan? You’re in luck! Stamps featuring characters from the popular show were issued back in 2009 and 2010, but the USPS still has a few left. And by “a few,” we mean 682 million.

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Mailbox
Flickr User MoneyBlogNewz
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Post Office Officials Say Big Cuts to Start in May

With no financial relief in sight, the U.S. Postal Service is pushing ahead with planned cuts to more than 260 mail processing centers around the nation, part of a billion-dollar cost-cutting effort that will slow delivery of first-class mail.

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Post Office
(David Matthau, Townsquare News Network)
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Post Office Changes Get Thumbs Down

Jersey residents are not exactly thrilled to hear the cash-strapped U.S. Postal Service is planning big cutbacks next spring- that will slow delivery of first-class mail.

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Mailbox
Flickr User MoneyBlogNewz
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6 Mail Centers in NJ Slated to Close

Six mail centers in New Jersey are slated to close as the U.S. Postal Service looks to cut costs and avert seeking bankruptcy protection. The facilities are located in Edison, Pleasantville, Eatontown, Kearny, Teterboro and Bellmawr.

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Mailbox
Flickr User MoneyBlogNewz
[

Post Office Losses Mount to $5.1 Billion Last Year

The U.S. Postal Service says it lost $5.1 billion last year as a weak economy and increased Internet use drove down mail volume. The bleak financial report for the fiscal year ending Sept. 30 was not as high as the $10 billion in losses previously estimated

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