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U.S. Post Service Handles Increased Delivery Load For Holiday Season
Boxes of mail. (Photo by Justin Sullivan/Getty Images)
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First-class mail delivery slows in first months of the year

Those birthday cards, bills and other first-class stamped mail often are taking a little longer to get to their destination.

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Postmaster General Patrick Donahoe testifies on Capitol Hill in Washington in 2013.   (AP Photo/Carolyn Kaster)
Postmaster General Patrick Donahoe testifies on Capitol Hill in Washington in 2013. (AP Photo/Carolyn Kaster)
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Postmaster General Patrick Donahoe to retire

WASHINGTON (AP) --  Postmaster General Patrick Donahoe announced his retirement Friday as the Postal Service continued to amass billions of dollars in losses and battled with Congress over proposed cost-cutting moves, including ending Saturday delivery.

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Category: Money & Business, News Tags:
United States Postal Service
United States Postal Service (Kevork Djansezian, Getty Images)
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Postmaster: Money Woes Behind Rate Hike Request

Postmaster General Patrick Donahoe said Thursday the Postal Service had no choice but to ask for an emergency rate hike given the agency's dire finances.

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