The head of the US Postal Service has warned lawmakers that the storied 250-year-old agency is at a “critical juncture” and will run out of cash in less than a year unless Congress allows it to borrow ...

Postmaster general warned that the agency could run out of cash by early 2027 without significant reform or increased borrowing authority ...

Amazon said it was working toward a new agreement with USPS to increase volumes before talks fell apart.

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

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 because of declining mail volume and what USPS sees as burdensome requirements.

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

The U.S. Postal Service faces massive losses and may run out of money next year, prompting a congressional hearing and debate over its priorities.

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

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 ...