News

It’s going to cost you more to mail a letter

It’s going to cost you more to mail a letter

PRICE HIKE: A general view of the new stamp at the launch of the U.S. Postal Service’s limited-edition Cut Paper Heart Forever stamp, this year’s installment to the Love stamp series, on Tuesday, Jan. 21, in New York. The cost to mail a first-class letter increased by 3 cents. Photo: Associated Press/Dario Cantatore/Invision

WASHINGTON (AP) — It’s going to cost you a few pennies more to mail a letter.

The cost of a first-class postage stamp is now 49 cents — 3 cents more than before.

Regulators approved the price hike in December, and it went into effect on Sunday.

Many people won’t feel the increase right away: Forever stamps are good for first-class postage at whatever the future rate.

The last increase for stamps was a year ago, when the cost of sending a letter rose by a penny to 46 cents.

The Postal Service lost $5 billion last year and has been trying to get Congress to let it end Saturday delivery and reduce payments on retiree health benefits.

Recent Headlines

in Sports

Super Bowl: From humble beginnings to king of sports

12thma

From modest beginnings of cheap tickets and empty seats to $4.5 million for a 30-second TV ad, the Super Bowl is the undisputed king of U.S. sporting events.

in Entertainment

This weekend in entertainment history

janetjustin

A look back at some of the biggest headlines to ever come out of Hollywood.

in Sports

Feds seize $19.5M in counterfeit items ahead of Super Bowl

xlix

More than 325,000 counterfeit jerseys and Super Bowl-related merchandise were seized by the NFL and law enforcement.