USPS could run 'out of cash in 12 months,' postmaster general says [USA TODAY]
Waste Management, Inc. (WM)
Last waste management, inc. earnings: 2/13 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
wm.com/about/investor.jsp
Company Research
Source: USA TODAY
Recently appointed Postmaster General David Steiner said he expects the to run out of cash by 2027 without Congress's help. In recent interviews with and the , Steiner said that unless Congress lifts the agency's statutory debt limit of $15 billion, which was enacted in 1990, USPS may not be able to pay its vendors or employees by February 2027. The agency would need to borrow more money from the U.S. Treasury to continue operations. If more funds are not provided, the results would be detrimental to the agency, he added. "We are out of cash in 12 months if ?we don't do anything different," Steiner told Reuters on March 5. "I do not want to be in a ?position where we're six weeks out from running out of cash, and we say, 'Oh heck, what are we going ?to do?'" On March 17, Steiner will testify before the U.S. House of Representatives and speak about USPS's financial woes, Reuters reported. The postmaster general's remarks come on the heels of 's push to privatize the agency.
Show less
Read more
Impact Snapshot
Event Time:
WM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WM alerts
High impacting Waste Management, Inc. news events
Weekly update
A roundup of the hottest topics
WM
News
- E-Waste Management Business Report 2026: $149.96 Bn Market Trends, Opportunities, Competitive Analysis, and Long-term Forecasts, 2020-2025, 2025-2030F, 2035F [Yahoo! Finance]Yahoo! Finance
- Solid Waste Management Business Report 2026: $405+ Bn Market Trends, Opportunities, Competitive Analysis, and Long-term Forecasts, 2020-2025, 2025-2030F, 2035F [Yahoo! Finance]Yahoo! Finance
- That Metal Guy Recognized with 2026 Consumer Choice Award for Excellence in Waste Management and Recycling in London [Yahoo! Finance]Yahoo! Finance
- Is Waste Management, Inc. (WM) A Good Stock To Buy? [Yahoo! Finance]Yahoo! Finance
- Weight Loss Market Key Players Analysis, Product Innovations, Strategic Alliances, Brand Strategies, and Market Share Forecasts [Yahoo! Finance]Yahoo! Finance
WM
Earnings
- 1/28/26 - Miss
WM
Sec Filings
- 3/6/26 - Form 144
- 3/6/26 - Form 8-K
- 3/5/26 - Form 4
- WM's page on the SEC website