First Class Stamp Increasing to 42 Cents
The cost of a one-ounce First-Class postage stamp will increase from 41 to 42 cents on May 12, the U.S. Postal Service announced Monday. Under a new law called the Postal Accountability and Enhancement Act, prices for mailing services will be adjusted annually each May. The Postal Service plans to provide 90 days' notice to consumers before the price changes each year, and is encouraging consumers to purchase "Forever Stamps," which will always be valid as first class stamps regardless of any future rate increases.