Money

The Federal Aviation Administration on Friday charged and fined an airplane passenger a record $52,000 for disrupting a flight from Honolulu to Seattle.

Wealthy investors are increasingly concerned about the possibility of impending tax increases as congressional Democrats barrel ahead with a plan to substantially raise rates on well-off corporations and rich Americans.

New York prosecutors urged a judge Friday to order California lawyer Michael Avenatti to begin serving a 2 1/2-year prison term, more than a year after he was convicted of trying to extort up to $25 million from Nike.

Activision Blizzard will launch a zero tolerance harassment policy, waive arbitration requirements for harassment and discrimination claims, and invest millions to boost its opportunities for diverse talent.

Tax experts are raising concerns about the sprawling social spending plan that President Biden outlined on Thursday, urging the White House to release additional details about the nearly $2 trillion package and the tax increases on the wealthy and well-off corporations that will finance it.

Mobius Capital Partners founder Mark Mobius provides insight into inflation and the supply chain crisis, arguing that prices will go up "dramatically"

Treasury Secretary Janet Yellen predicted on Friday that a nearly $2 trillion White House spending initiative will help lower rising inflation amid concerns that another burst of government spending will act as an accelerant to already rapidly rising consumer prices.

House progressives made clear they won't budge on their demand for the reconciliation bill to pass at the same time as the bipartisan infrastructure bill, but they are willing to back a massively scaled-down version of reconciliation.

Rep. Claudia Tenney, R-N.Y., on the new version of the spending bill.

Senate Minority Leader Mitch McConnell ripped the Democrats for "doubling down" on the spending play amid "raging inflation" on "Kudlow."

Former New York Mets owner Fred Wilpon donated $40 million to the University of Michigan’s Kessler Presidential Scholars Program to support first-generation college students.