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July 03, 2015 MONEY (MSM)

Airlines' undisciplined talk may have led to antitrust probe: experts

Frequent assurances by U.S. airline executives that they would maintain “discipline” when adding seats on competitive routes were a red flag for antitrust regulators on alert for collusion between the four largest air carriers, antitrust experts said Thursday. The U.S. Justice Department disclosed Wednesday that it has demanded details from the airlines about their communications on capacity with analysts, investors, the public and each other. Concern about coordination among the

July 03, 2015 MONEY (MSM)

Mixed U.S. jobs report dampens September rate hike bets

U.S. job growth slowed in June and Americans left the labor force in droves, tempering expectations for a September interest rate hike from the Federal Reserve. The Labor Department said on Thursday nonfarm payrolls rose 223,000 last month after a downwardly revised 254,000 increase in May, with construction and government employment unchanged, and the mining sector purging more jobs. April payrolls were also lowered, meaning 60,000 fewer jobs were created