US Postal Service reports 65 billion net loss for 2023 fiscal year

WASHINGTON, Nov 14 (Reuters) – The U.S. Postal Service on Tuesday reported a $6.5 billion net loss for the 12 months ending Sept. 30 with revenue down 0.4% to $78.2 billion as mail volumes continued to fall. The Postal Service, which has been aggressively hiking stamp prices and is in…Read More

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