Postal Service, citing losses, seeks higher stamp prices

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The U.S. Postal Service is hoping it can soon raise stamp prices by a penny or more.

The postal service on Wednesday reported a quarterly loss of $562 million, despite growth in package delivery, due to continued erosion in the use of first-class mail as well as expensive mandates for its retiree…

fromhttp://www.baltimoresun.com/business/ct-postal-service-higher-stamp-prices-20170510-story.html

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