Business

December 24, 2013 7:47 PM

U.S. Postal holiday gift: temporary 49-cent stamps

Mailing a letter is about to get a little more expensive. Regulators Tuesday approved a temporary price hike of 3 cents for a first-class stamp, bringing the charge to 49 cents a letter in an effort to help the Postal Service recover from severe mail decreases brought on by the 2008 economic downturn.

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