U.S. Postal Service Set to Default on Its Federal Debts
The U.S. Postal Service warned that it will miss federal payments totaling an estimated $6.8 billion by October, unless the government steps in.
post offices
The Decline of Snail Mail: Postal Service's Annual Loss Doubles
The U.S. Postal Service's annual loss more than doubled in fiscal 2010 compared to a year earlier as mail volume continues to slide while interest costs related to workers' compensation climb.
