Rate panel approves 2-cent postage increase

The AP reports:

A 2-cent boost in the price of a postage stamp was approved Tuesday by the independent Postal Rate Commission.

Under the recommendation, which now goes to the Postal Service’s Board of Governors for final action, the cost of a first-class stamp will go from 37 cents to 39 cents and the postcard rate will rise a penny to 24 cents. The Postal Service requested the increase last April. It is expected to go into effect in January.