°®¶¹´«Ã½

WASHINGTON — Prices for U.S. consumers rose last month but at the slowest pace since February, a sign that Americans may gain some relief after four months of sharp increases that have imposed a financial burden on the nation’s households.

The Federal Motor Carrier Safety Administration has announced plans to update regulations for transportation of household goods to reduce costs for movers and mitigate the growing problem of fraud in consumer moves.

Eaton Corp. reported second-quarter net income and revenue surged while segments margins set a record for the quarter.

The U.S. Postal Service on Aug. 10 announced it is seeking temporarily higher rates for packages during the 2021 holiday season.

Joby Aviation, which promises to build and operate a commercial fleet of aerial taxis by 2024, will begin trading Aug. 11, testing the imaginations of public investors.

Rivian Automotive Inc., the electric-vehicle startup backed by Amazon.com Inc., is in talks to invest at least $5 billion to build a factory near Fort Worth, Texas, according to a document obtained by Bloomberg News.

Frank Beelman Jr., a trucking executive and military combat veteran decorated with the Silver Star Medal, died Aug. 4 in his hometown of St. Libory, Ill.

Nikola Corp. announced it added Alta Equipment Group to its emerging dealer network for its heavy-duty battery-electric and hydrogen fuel cell trucks, which are under development.

Legislation aimed at modernizing the country’s mobility networks, freight corridors and transit systems gained approval in the U.S. Senate on Aug. 10.

Productivity in the U.S. took a step back in the second quarter, indicating an easing in the rapid pace of efficiency gains seen in the prior three months.