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International Business Times UK
International Business Times UK
Robert Gorgonio

USPS Forever Stamp Price Increase: USPS Uses 'Regulatory Pricing Authority' to Raise Mailing Rates

USPS's fiscal crisis with £5.9B ($9B) net loss, modernisation backlash, and holiday delivery risks. Will reforms save the season? (Credit: Ekaterina Belinskaya : Pexels)

The price of posting a letter in the United States will rise again on Sunday, as the latest USPS Forever stamp price increase pushes the cost of a first-class Forever stamp from 78 cents to 82 cents nationwide and brings a raft of extra mailing fees for millions of Americans.

The US Postal Service has been steadily lifting prices over the past few years as it tries to plug a widening financial gap and keep its vast delivery network running without direct taxpayer funding.

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