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After two "Forever" postage stamp hikes, the USPS lost nearly $10 billion in 2024

CBS News
Summary
Nutrition label

87% Informative

USPS says it lost $9.5 billion in the fiscal year ended September 30 .

Revenue rose 1.7% in the most recent fiscal year .

The postal service is in the midst of a 10-year overhaul engineered by Postmaster Louis DeJoy .

DeJoy says the agency is focused on reducing its costs, but is also dealing with "many economic, legislative and regulatory obstacles".

VR Score

91

Informative language

91

Neutral language

85

Article tone

semi-formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

2

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