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Stamp prices are going up starting Sunday
NOW WITH MORE ON A CEREMONY THAT HAPPENED TODAY IN MANCHESTER. JEN THE STAMP THIS FOREVER STAMP FEATURES ART FROM TOMMY DE PAULA’S BEST KNOWN WORK, HIS STREGA NONA PICTURE BOOK SERIES. IT WAS FIRST PUBLISHED IN 1975. HUMOROUS STORIES ABOUT A STREGA, NONA OR A GRANDMA WITCH IN ENGLISH WHO USED HER MAGIC TO CURE ALL MATTERS OF THE HEART. THE POSTAL SERVICE SAYS IT WAS THAT WORK IN LARGE PART WHY THEY SELECTED TO PAULA FOR THIS HONOR, THIS COMMEMORATIVE STAMP, HIS ABILITY TO TOUCH READERS ACROSS CULTURES AND GENERATIONS. THE CEREMONY TODAY WAS HELD AT THE COURIER MUSEUM, WHERE THEY HAVE MORE THAN 100 OF HIS WORKS ON DISPLAY. AMONG THE SPEAKERS, DAYBREAK ANCHOR ERIN FEHLAU, WHO SAYS TUPELO TOLD HIM THAT HE ACTUALLY TOLD HIS FAMILY AT THE AGE OF FOUR HE WANTED TO BE AN ARTIST. HE TOLD ME WHEN I INTERVIEWED HIM, WHICH I’LL ALWAYS REMEMBER, HE SAID, WHEN YOUNG CHILDREN SAY WITH CONVICTION WHAT THEY’D LIKE TO DO WITH THEIR LIVES, THE GROWN UPS AROUND THEM SHOULD REALLY LISTEN. IF YOU GREW UP IN THE 80 OR 90S OR IF YOU HAD CHILDREN IN THE 80 OR 90S IN PARTICULAR, YOU’RE VERY FAMILIAR WITH TOMMY’S WORK. WHETHER YOU CAME ACROSS HIS BOOKS IN THE LIBRARY, THE CLASSROOM, OR IN A COZY ARMCHAIR WITH ONE OF YOUR LOVED ONES, HE KNEW SINCE THE AGE OF FOUR, TOMMY DE PAULA DIED IN 2020. IN LEBANON, HIS CAREER SPANNED FIVE DECADES IN WHICH HE WROTE
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Stamp prices are going up starting Sunday
The U.S. Postal Service will increase prices on first-class mail stamps to 66 cents from 63 cents.The change goes into effect Sunday, raising the cost of mailing a first-class letter by about 5.4%. The Postal Service said the hike was necessary to offset a rise in operating expenses.Surging prices have dented business across the globe over the past two years, in many cases pushing up workers' wages and increasing the costs of doing business. Although inflation has been cooling over the past nine months — prices were up 5% last month on an annual basis — it remains above the central bank's target of around 2%."These price adjustments are needed to provide the Postal Service with much-needed revenue," the agency said in a statement.It will amount to a 32% increase over the past four years.Domestic postcards will also increase from 48 cents to 51 cents, and international postcards from $1.45 to $1.50.First-class mail is becoming a smaller part of the Postal Service's business because of online communication. The number of individual letters sent each year has fallen by about half in the past decade.Postmaster General Louis DeJoy, appointed during the Trump administration, has pursued sweeping changes during his tenure to try to bolster the agency's finances. USPS expects to lose $4.5 billion in 2023.
CNN —
The U.S. Postal Service will increase prices on first-class mail stamps to 66 cents from 63 cents.
The change goes into effect Sunday, raising the cost of mailing a first-class letter by about 5.4%. The Postal Service said the hike was necessary to offset a rise in operating expenses.
Surging prices have dented business across the globe over the past two years, in many cases pushing up workers' wages and increasing the costs of doing business. Although inflation has been cooling over the past nine months — prices were up 5% last month on an annual basis — it remains above the central bank's target of around 2%.
"These price adjustments are needed to provide the Postal Service with much-needed revenue," the agency said in a statement.
It will amount to a 32% increase over the past four years.
Domestic postcards will also increase from 48 cents to 51 cents, and international postcards from $1.45 to $1.50.
First-class mail is becoming a smaller part of the Postal Service's business because of online communication. The number of individual letters sent each year has fallen by about half in the past decade.
Postmaster General Louis DeJoy, appointed during the Trump administration, has pursued sweeping changes during his tenure to try to bolster the agency's finances. USPS expects to lose $4.5 billion in 2023.
English (US)