The U.S. Postal Service (USPS) said this week it is seeking to raise the price of first-class forever stamps from 73 cents to 78 cents this summer, the latest in a series of increases aimed at achieving financial stability.
If approved by the Postal Regulatory Commission, the price hike would take effect on July 13 and represent a roughly 7.4 percent increase across mailing services. Similar increases would apply to metered letters, domestic and international postcards, and other mail products.