Cost of postage for a letter to rise in May
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The price of a one-ounce first-class stamp will rise from 41 cents to 42 cents in May, the U.S. Postal Service said on Monday.
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_ Subway and bus fares will not rise as high as predicted next year, the Metropolitan Transit Authority said. Monthly unlimited Metrocards, which currently cost $70, will jump to $76 instead of the proposed $84, the agency said.
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A steady rise in food and energy costs pushed overall U.S. consumer prices up 0.7 percent in May, the sharpest gain in more than 1-1/2 years, but prices that strip out volatile food and energy barely edged up, the Labor Department said on Friday.
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Business & money: Prospect of first national postal walkout for a decade moves closer.
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Sewers trigger water bill rise   WATER bills are to go up by as much as Pounds 11 a year after a shake-up in sewage arrangements, the Government said today.
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Marty Sellers used to need about a hundred postage stamps every three months. These days, he can stretch that supply to last a year.
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People will be able to buy their postage online, making stamps unnecessary, in a new scheme from the Royal Mail.
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LONDON : Just two years ago it was losing over one million pounds (1.4 million euros, 1.9 million dollars) every day. Now, after slashing over 30,000 jobs, raising postage prices and ending twice-a-day deliveries
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The standard Medicare premium will rise to $96.40 a month next year, an increase of $2.90 a month. The 3.1 percent increase is the smallest since 1999-2000.
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The Postal Service is adding a larger flat-rate Priority Mail box and a charge for Sunday and holiday delivery, the first changes it has made under a law approved last year governing mail operations.
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It may soon cost more to mail a letter. A published report says the U.S. Postal Service is expected to seek approval for an increase in postage rates of at least ten percent early next year.
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Higher energy costs boosted producer prices 0.9 percent in May, but excluding volatile food and energy costs, prices paid at the factory gate were up a more moderate 0.2 percent, the Labor Department reported on Thursday.
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U.S. consumers are facing higher prices for appliances with retailers raising prices this month to offset rising raw material costs.
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The Postal Service said Friday it plans to reissue the Purple Heart stamp at the new 41-cent rate.
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Members of Congress can send letters by "franking" Â that is, putting their signature on the mail instead of postage. The cost is then charged to the members' office budgets and ultimately paid by taxpayers.
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British house prices advanced this month at the fastest pace since December, bolstering the case for an interest rate increase by the Bank of England next week. The average cost of a home rose 1.1 percent from May, to Â£184,070 ($368,000), according to the Nationwide Building Society, the biggest mortgage lender in Britain. âThe bounce-back in June is a bit stronger than expected,â said Fionnuala Earley, chief economist at Nationwide. âIt looks like the bank will bring forward the decision to increase interest rates, and increase the risk that rates get to 6 percent this year.â.
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Comment is free: Ian Jack: Costs are rising a month after a replacement for the decaying 1960s bridge was announced