US Postal Service

It'll cost a penny more to mail a letter next year. The cash-strapped U.S. Postal Service announced Tuesday that it will increase postage rates on Jan. 22, including a one-cent increase in the cost of first-class mail, to 45 cents.

The U.S. Postal Service is considering closing 2,000 post offices across the country this year. This could put thousands of government employees out of work. A short-term win as part of deficit reduction could be a long-term loss for employment and the economy.

The Federal Trade Commission and Ohio Attorney General Rob Cordray announced a crack down on the growing number of work at home and job search scams aimed at exploiting job seekers. A sweep, known as "Operation Bottom Dollar," has already resulted in 44 criminal actions at the federal level and...

A story posted earlier today reported the dire situation of the U.S. Postal Service. Increasing costs, particularly fuel, and declining revenue from mail advertising has resulted in a $2.8 billion shortfall last year, with more expected in 2009. As the Postmaster General noses around D.C. looking...