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Price hike for postal stamps the largest in USPS history

Posted: 8:26 AM, Jan 28, 2019
Updated: 2019-01-28 09:26:58-05

A price hike for postage stamps is the biggest in US Postal Service history.

The price of a First Class “forever” stamp is now 55 cents, a nickel higher than the previous 50 cent price.

The USPS says the price hike is needed to help close the nearly $4 billion net loss it sustained last year.

Any “Forever” stamps you already have are still valid and no extra postage will be required.