United Parcel Service Inc (UPS)

Could Same-Day Delivery Save the Post Office?

By 2015, the U.S. Postal Service is expected to be losing money at a rate of $20 billion a year. But the Post Office has a plan intended to help stop the bleeding -- or at least slow it down. Next week, it will begin testing a new same-day delivery service called "Metro Post."

U.S. Postal Service to Default on Second $5 Billion Retiree Payment

The U.S. Postal Service, on the brink of default on a second multibillion-dollar payment it can't afford to pay, is sounding a new cautionary note that having squeezed out all the cost savings within its power, the mail agency's viability now lies almost entirely with Congress.

Post Office vs. Amtrak: Which One Is More Wasteful?

For years now, the United States Postal Service has been the poster boy for government waste, but that organization may now be getting a run from another favorite target of government inefficiency: Amtrak.

How the Postal Service Cuts Will Affect You

When Postal Service cuts take effect this spring, it will not only slow mail delivery, but eliminate the possibility of first-class letters being delivered in a day. Here's what you need to know about the changes, and some tips to keep you from going postal.

Postal Service Delivers the Bad News About Closures

In a last-ditch effort to save itself from bankruptcy, the Postal Service is forging ahead with plans to close half of its 500 mail processing centers and roughly 3,700 of its post offices. The result: Deliveries will take longer.

5 Scams You Shouldn't Fall For This Holiday Season

Despite a rough economy, Americans expect to spend 17% more than last year on holiday gifts. But with money tight for so many, it's more important than ever to be wary of scammers. Here are some of the most common scams you might encounter:

Junk Mailers Get a Break on Postage. You Don't.

Postmaster General Patrick Donahoe has announced his latest initiative to save the post office from bankruptcy. (Hint: Improving customer service isn't a part of it.) His master plan: Hike the cost of mailing a letter for real people, and cut prices for junk mail.