Stamps May Go Up in Price

The U.S Postal Service reportedly wants to ask for another increase in stamp price early next year. The cost of one first class stamp would go up from 37 cents to at least 41 cents. Some positives of this increase for the postal service are that it may benefit from $3 billion a year in pension-fund savings and streamline the rate-setting process for nearly a year. Some negatives are that people will use alternatives to the postal service, such as the Internet to pay bills and other package carrier services.