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Oil prices tumble on report that Biden will tap emergency oil reserve.

The president may announce on Thursday a plan to release reserves of crude daily for six months.

Germany moves toward gas rationing in a standoff over ruble payments.

The economy minister said Germany must be “prepared for an escalation on the part of Russia.”

Business travel may never fully recover, as companies like McKinsey make permanent cuts to trips.

Raj Subramaniam, the current president and chief operating officer, will succeed Mr. Smith, according to a news release issued by FedEx.

Biden’s budget proposal is set to include a tax on the richest Americans.

The White House on Monday will ask Congress to tax the top one-hundredth of 1 percent of American households.

Best and Worst Moments of the 2022 Oscars

The night made history, from That Slap to milestone wins by Troy Kotsur and Ariana DeBose, and a rousing performance by Beyoncé.

Oscars 2022: The Red Carpet Is Underway. Here’s How to Watch.

The 94th Academy Awards will be hosted by Regina Hall, Amy Schumer and Wanda Sykes on ABC beginning at 8 p.m. Eastern, 5 p.m. Pacific....

U.S. and European leaders reach deal on trans-Atlantic data privacy.

President Biden said that the agreement included “unprecedented protections,” but the details of the new pact were not released.

Russia’s stock index reopens and rises with government intervention.

The market opened for the first time since Feb. 25, and the MOEX index was probably pushed up by measures designed to avoid a sell-off.

The Education Department says owners will have to pay if their colleges collapse.

A new rule will put the companies that own some for-profit schools on the hook if their campuses defraud students or close their doors.