The U.S. Postal Service will increase the price of a stamp this weekend to 46 cents. The one cent hike was first announced last October. Postcard postage will also rise one cent to 33 cents. Letters to international destinations will rise to $1.10, up from 85 cents to Mexico and Canada and $1.05 to other destinations. Overall, prices for mailing and shipping services will increase by 4 percent as the Postal Service continues to struggle with insolvency issues. During the past year, the Postal Service has cut hours at thousands of post offices and merged some of its plants leading to a 28,000 decline in its workforce through retirements and departures.
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