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 National

2 NYPD officers killed, gunman dead

nypd

The fatal shooting may have been a revenge attack over police treatment of minorities.

in Sports

This weekend’s sports schedule

kentucky

A complete look at this weekend's sports schedule.

in Sports

This week’s top sports shots

AP775340197327_3

A look back at the big sports stories and best photos from this week.

in National

Making headlines this week

AP32876106925_13

A look back on some of the week's biggest stories and the headlines you may have missed.

in Sports

Gold medalist Michael Phelps pleads guilty to DUI

phelps

The 18-time gold medalist was arrested on Sept. 30.