US Postal Service Seeks to Hike Stamp Prices to 68 Cents

US Postal Service Seeks to Hike Stamp Prices to 68 Cents
A United States Postal Service (USPS) mailbox is seen in Manhattan, New York, on May 9, 2022. Andrew Kelly/Reuters
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The United States Postal Service (USPS) stated on Oct. 6 that it wants to raise the price of first-class mail stamps to 68 cents from 66 cents effective on Jan. 21.

The proposal, which must be approved by the Postal Regulatory Commission, would raise mailing services product prices by about 2 percent, significantly less than prior price hikes.