USPS wants people to install new jumbo mailboxes. Here's why.
CBSN
The U.S. Postal Service is urging customers to upgrade to new jumbo mailboxes, with the postal agency saying that these larger receptacles are better able to handle more of the types of packages that people order from online retailers.
The USPS is alerting customers about the bigger mailboxes for what it calls "mailbox improvement week," which occurs the third week of May. The new jumbo mailboxes aren't sold by the USPS, but can be bought at Walmart, Home Depot, Lowe's and other retailers and cost about $66 each.
The mail service told CBS MoneyWatch it doesn't get any revenue or other financial benefits when customers purchase a jumbo mailbox. Instead, the USPS is recommending the bigger mailboxes because of the spread of online shopping, which requires delivering many more boxes and packages to home addresses.
President Biden on Monday signed into law a defense bill that authorizes significant pay raises for junior enlisted service members, aims to counter China's growing power and boosts overall military spending to $895 billion despite his objections to language stripping coverage of transgender medical treatments for children in military families.
It's Christmas Eve, and Santa Claus is suiting up for his annual voyage from the North Pole to households around the world. In keeping with decades of tradition, the North American Aerospace Command, or NORAD, will once again track Santa's journey to deliver gifts to children before Christmas 2024, using an official map that's updated consistently to show where he is right now.
An anti-money laundering law called the Corporate Transparency Act, or CTA, appears to have been given new life after an appeals court on Monday determined its rules can be enforced as the case proceeds. The law requires small business owners to register with the Financial Crimes Enforcement Network, or FinCEN, by Jan. 1, or potentially pay fines of up to $10,000.