The U.S. Postal Service will tell Congress on Tuesday it faces a serious financial crisis and will run out of cash in less ...

The U.S. Postal Service's leader says it is set to run out of money in less than a year and may have to stop deliveries ...

Postmaster General David Steiner is testifying before the House Oversight and Government Reform Committee on Tuesday ...

The e-commerce giant wants to reduce its postal volume by at least two-thirds by this fall.

USPS, which delivers to more than 170 million U.S. addresses, has a borrowing cap of $15 billion and has already hit ​that ...

USPS faces serious financial crisis and could run out of cash within a year without reforms, as Postmaster General asks Congress for financial help and policy changes.

During a hearing, officials testified that the Postal Service will likely run out of money without congressional intervention ...

Postmaster general David Steiner has called for change to federal law that caps USPS’s borrowing at $15bn ...

The U.S.P.S. leader said at a hearing that the service could run out of cash within a year and asked lawmakers to increase ...

The U.S. Postal Service will run out of cash within a year unless Congress lifts a decades-old cap and allows the agency to ...

U.S. Postmaster General David Steiner made his case before the House Oversight Committee to increase the agency's $15 billion borrowing cap.

Several House Republicans who played a critical role in passing reform legislation in 2022 said they were skeptical of providing further assistance to USPS.