Sage Investment Club

Mega Millions jackpot surges to $1.1 billion: What time is tonight’s drawing?

The Mega Millions jackpot keeps growing. There’s a $1.1 billion top prize at stake on Tuesday night, following the news that no one won Friday’s drawing. While that doesn’t come close to the record $2.04 billion U.S. Powerball jackpot someone claimed in November, it’s still a sizable sum that could pay off all those holiday […]

Oil ends higher on China’s reopening, but traders watch for signs of a global recession

Oil futures settled higher on Tuesday, with U.S. prices up a fourth straight session, finding support as investors continue to monitor China’s reopening and look for signs of a potential global recession. Price action West Texas Intermediate crude for February delivery CL.1, +0.56% CL00, +0.56% CLG23, +0.56% rose 49 cents, or 0.7%, to settle at […]

Free COVID tests: How to order more rapid at-home tests from the government

Americans can still order more free COVID-19 test kits from the federal government. The Biden administration is mailing out four more rapid at-home COVID tests per household. You can order them online via the United States Postal Service at special.usps.com/testkits or by calling 1-800-232-0233. You can also visit covid.gov/tests to request the free testing kits — it’s […]

Walgreens may have ‘cried too much last year’ about theft, CFO says

After worries in the retail world about a rise in theft, at least one company — Walgreens Boots Alliance Inc. — said it may have been overreacting. “ ‘Maybe we cried too much last year when we were hitting numbers that were 3.5% of sales.’ ” — James Kehoe, CFO of Walgreens The drugstore chain’s […]

Globalization is not dead, but it is facing a big tail-risk, expert says

Reports that globalization is dead are overstated, a top economist says. Conventional wisdom has it that globalization will suffer in the aftermath of the pandemic and Russia’s war in Ukraine. The Biden White House’s move to reshore manufacturing and to deny China access to advanced technologies are seen as further steps away from a robust […]

The Dry January question: Would you pay $17 for a cocktail without alcohol?

When diners make their way to Esmé, a Michelin-starred Chicago restaurant known for its fanciful tasting menu, they have the option of pairing their food with an equally fanciful array of cocktails.The drinks range from one called Curried Corn, made with corn stock and an array of spices, to another dubbed Johnny Apple Tea, prepared […]