2011, Postal Service | featured news

(Image from article: "Officials: USPS likely to go broke in 2011")

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Officials: USPS likely to go broke in 2011

The cash-strapped U.S. Postal Service delivered more bad news Friday, announcing it lost $8.5 billion in the fiscal year that ended in September. Without congressional action to change its obligations, officials said, the Postal Service likely will go broke at the end of fiscal 2011.

Postal Service to file five-day-delivery proposal

The U.S. Postal Service would cut Saturday mail delivery starting in the first half of 2011 under a plan the agency will give its regulator tomorrow.

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