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USPS seeks increase in cost of stamps, to 49 cents

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WASHINGTON (AP) — It soon could cost 49 cents to mail a letter. The postal Board of Governors said Wednesday it wants to raise the price of a first-class stamp by 3 cents, citing the agency's "precarious financial condition" and the uncertain prospects for postal overhaul legislation in Congress. "Of the options currently available to the Postal Service to align costs and revenues,...