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How to Save on Shipping Costs

Shipping costs have a way of adding up. Here's the best way to save on the expense no matter what you're mailing.

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.

Would You Do Your Banking at the Post Office?

Could your bank teller could go postal? Offering basic consumer banking services in the form of prepaid debit cards is just one of many ideas the U.S. Post Office is considering to boost its bottom line. And even with stamp costs going up to 45 cents, the USPS is in dire need of outside-the-box solutions to its budget woes.

Postal Service Takes Debt Woes to Congress

Postmaster General Patrick Donahoe warned that the Postal Service is on "the brink of default" as he battles to keep his agency solvent. Without legislation by Sept. 30, the agency "will default on a mandated $5.5 billion payment to the Treasury," Donahoe told the Senate Homeland Security and Governmental Affairs Committee on Tuesday.

In This Corner, Netflix. In the Other Corner. . .Amazon?

Netflix, whose DVD-by-mail service hastened the demise of several video rental chains, may soon find itself under siege from Amazon. The world's largest online retailer appears to be on the verge of launching its own unlimited movie and TV-show streaming service.

Post Office Loses $3.5 Billion as 2011 Cash Crunch Looms

The U.S Postal Service reported a $3.5 billion third quarter loss due to continued declines in mail volume and increased costs from retiree health benefits. Without help from Congress and a postage rate increase, it could run out of cash in 2011.

No Mail on Saturdays? Not Without a Struggle

The proposal to cut Saturday mail delivery "has a lot of doubters," says Ruth Goldway, chairman of the Postal Regulatory Commission, which must issue an advisory opinion on the USPS's plan to cut service. "I'm skeptical." She's not alone. Congress may not go along either.