Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

USPS Racks Up $5.2B Loss

Service is rapidly running out of cash

By Rob Quinn,  Newser Staff

Posted Aug 10, 2012 1:58 AM CDT | Updated Aug 10, 2012 7:33 AM CDT

(Newser) – The hole in the US Postal Service's finances in the second quarter of this year was so big that it would not have been filled if every American bought a first-class stamp every day for a month. The struggling service has reported a $5....   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
67 comments
 

NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne