New York Daily News

USPS $tamps its feet

- The Associated Press

WASHINGTON — The beleaguere­d U.S. Postal Service reported a financial loss Tuesday for the 11th straight year, citing declining mail volume and costs of its pension and health care obligation­s .

It pleaded for more freedom to raise stamp prices to help keep pace with consumer demand for ever-quicker deliveries from online shopping.

Without help, “our financial results will continue to deteriorat­e and likely at an accelerate­d rate,” said Postmaster General Megan Brennan.

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