74°
Baton Rouge, Louisiana
3 Day Outlook
Wed
94°
73°
0%
Thu
93°
71°
20%
Fri
94°
73°
10%

Latest Weather Blog

Follow our weather team on social media

Mailing a letter to cost a penny more next year

2 years ago October 11, 2012 Oct 11, 2012 Thursday, October 11 2012 Thursday, October 11, 2012 9:14:35 PM CDT in News
Source: Associated Press

WASHINGTON (AP) - It'll cost another penny to mail a letter next year.

The cash-strapped U.S. Postal Service said Thursday that it will raise postage rates on Jan. 27, including a 1-cent increase in the cost of first-class mail to 46 cents.

It also will introduce a new global forever stamp, allowing customers to mail letters anywhere in the world for one set price of $1.10.

Under the law, the post office cannot raise prices more than the rate of inflation, or 2.6 percent. The mail agency, which expects to lose a record $15 billion this year, has asked Congress to give it new authority to raise stamp prices by 5 cents, but the House has yet to act.

The Postal Service also will increase rates on priority mail shipping, by 4 percent.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
Radar
7 Days