The U.S. Postal Service is gearing up to send taxpayers and postal customers a multi-billion dollar “payment due” notice. Congress should halt delivery. The Postal Service’s push gained considerable steam on December 1. On that day, the Postal Regulatory Commission (PRC), which oversees the Postal Service, issued a report on the...
Many strategists are making Europe sound great again as they dish out their 2018 picks. It helps that valuations for the region’s stocks still aren’t that stretched. In fact, the Organization for Economic Cooperation and Development expects the euro zone’s gross domestic product to grow by 2.1% next year, down from...
Unless the U.S. Postal Service comes up with a turnaround plan to stop hemorrhaging money soon, taxpayers and consumers likely will be hit with a bailout bill of well in excess of $50 billion. Click here for the full article....
Seeking to bolster the ailing U.S. Postal Service, federal regulators moved on Friday to allow bigger jumps to stamp prices beyond the rate of inflation, a move that could eventually add millions more dollars to companies’ shipping rates from prescription drugs to magazine subscriptions. Click here for the full article....
Today, the Postal Regulatory Commission (Commission) issued its findings related to the statutorily mandated review of the system for regulating rates and classes for Market Dominant products that was first established in 2006 by the Postal Accountability and Enhancement Act (PAEA). The law required the Commission to review the past...