Without help from Congress, the Postal Service will not only default on payments for retiree health care benefits, but it could lack cash for operations by mid-October.
Mail processing plants are shrinking, thousands of postal workers are moving and thousands more are retiring. And there's the possibility of a default on a payment due to the federal government in two weeks.
The U.S. Postal Service began consolidating and closing parts of some 48 mail processing plants in August.
The U.S. Postal Service defaulted on a $5.5 billion payment to the U.S. Treasury for future retiree health-care payments.
So long, kale. Here's what's expected to shake up the food industry next year.
Investors beware: These 5 global crises are likely to rattle the stock market and world economy.
Morphy Auctions in Pennsylvania is putting nearly 1,000 old guns on the block. Here are just a few.
Sure, corporate chiefs' pay often is eye-poppingly high. But at some companies, executives lower down the ladder quietly out-earned their CEO bosses.
For those who've got the cash, these holiday gifts can really make a statement.
This year has been very solid for stocks, but these 6 were the best of the S&P 500.
2014 was chock-full of big failures in technology, from security snafus to executive gaffes. Here are the top ... er ... bottom 14.
The stock market smashed record after record in 2014. Apparently these stocks didn't get the memo.
When your travel entourage includes grandparents, parents and kids, here are the best getaway destinations.