Daily business briefing: Stamp prices going up to 49 cents

December 26, 2013 

Stamps will cost more a month from now. By Jan. 26, it will cost you 49 cents to send any letter first-class mail. Regulators have approved a temporary price hike of 3 cents for a first-class stamp that will last no more than two years and allow the Postal Service to recoup $2.8 billion in losses. Read more at here.. ...


Poor weather earlier this week in parts of the country as well as overloaded systems has delayed shipping at UPS and FedEx. While the bulk of consumers' holiday spending remains at physical stores, shopping online is increasingly popular and outstripping spending growth in stores at the mall. Find out more at http://www.bnd.com/business. ...


U.S. stocks were poised to open higher Thursday as fewer Americans were filing for unemployment benefits. The Labor Department said the number of Americans who filed for unemployment benefits fell by 42,000 people last week to a seasonally adjusted 338,000 claims. For more information, go to http://www.bnd.com/business. ...


The Dow Jones industrial average futures were up 47 points to 16,350 with 40 minutes before the opening bell. The Standard & Poor's 500 index rose 3 points to 1,832.10 and the Nasdaq futures edged up to 3,575.75. To find out more, go to http://www.bnd.com/business.

-- Will Buss, BND business writer

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