USPS $tamps its feet
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.