USPS is looking to increase the price of stamps — again

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USPS is looking to increase the price of stamps — again
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The U.S. Postal Service filed a notice with regulators on Tuesday to raise the price on First-Class “Forever.” If approved, the change will go into effect…

to raise the price on First-Class “Forever” Stamp to 73 cents from 68 cents. If approved, the change will go into effect July 14.The proposed adjustment would increase stamp prices by 7.8% and would mark the seventh price hike in the last three years.Feeling out of the loop? We'll catch you up on the Chicago news you need to know.

The proposal is also asking for an increase to the domestic postcard price, from 53 cents to 56 cents, and to the international postcard price, raising it to $1.65 from $1.55. There will be no price increase for post office box rental fees, and the service will apply a price reduction of 10% for postal insurance when mailing an item, USPS said in statementThe USPS is increasing the price of Forever stamps and some shipping options. It’s the fifth price hike in just three years.

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