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☆ Two rate cuts might not be enough, warns Wells Fargo’s Michael Schumacher
▼ + stars: | 2024-04-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo rate cuts might not be enough, warns Wells Fargo’s Michael SchumacherMichael Schumacher, Wells Fargo, joins 'Fast Money' to talk what to expect from this week's FOMC meeting, if any rate cuts are on the table, the state of inflation, and more.

Persons: Wells Fargo’s Michael Schumacher Michael Schumacher, Wells Locations: Wells Fargo

☆ Christie's puts $2 million watch formerly owned by F1 legend Michael Schumacher on the auction block
▼ + stars: | 2024-04-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChristie's puts $2 million watch formerly owned by F1 legend Michael Schumacher on the auction blockRemi Guillemin, Christie’s head of watches, joins 'Money Movers' to discuss what's happening in the luxury watch market, the watches set to hit auction, and more.

Persons: Michael Schumacher, Remi Guillemin

☆ Legendary Formula 1 driver Michael Schumacher’s watch collection is going on sale
▼ + stars: | 2024-04-19 | by ( Amarachi Orie | ) edition.cnn.com time to read: +4 min

CNN —Eight of Formula One legend Michael Schumacher’s luxury and personalized watches are going up for auction – and they could sell for more than $4.8 million in total. The Rolex stainless steel Paul Newman Daytona watch was named after the Daytona International Speedway in Florida, according to auction house Christie's head of Watches Remi Guillemin. Christie's Images LTD. 2024The collection will form part of Christie’s traditional rare watches auction, consisting of vintage and modern pieces of high-caliber watchmaking from brands such as Audemars Piguet, F.P. Christie's Images LTD. 2024The platinum Vagabondage 1 watch was also a gift from Todt, but for the following Christmas. “These watches (are) for people who are following Formula One, who have followed, like I have, Michael Schumacher when he was racing.

Persons: Michael Schumacher’s, ”, Remi Guillemin, “ We’re, Paul Newman Daytona, Journe, Paul Newman, Guillemin, Jean Todt, chronograph, Schumacher, Christie’s, Michael Schumacher, Todt, Ferrari, ” Guillemin, Corinna, Michael Organizations: CNN, Miami Grand Prix, Daytona, Rolex, Paris Brain Institute, Foundation, Netflix Locations: New York, Geneva, Switzerland, Florida

☆ The odds of a US recession are 'vanishingly low,' Wells Fargo head macro strategist says
▼ + stars: | 2024-02-27 | by ( Aruni Soni | ) www.businessinsider.com time to read: 1 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The US is likely to avoid slipping into a recession, according to Wells Fargo head macro strategist Michael Schumacher. "We at Wells Fargo think that chance is vanishingly low at this point." This story is available exclusively to Business Insider subscribers.

Persons: —, Wells, Michael Schumacher Organizations: Service, CNBC, Business Locations: Wells Fargo, Wells

☆ Step inside the $37 million French-made private jet that's a favorite among the wealthy elite, like John Travolta and F1 star Michael Schumacher
▼ + stars: | 2024-02-27 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +1 min

A new Falcon 2000LXS costs around $36.5 million, while a pre-owned jet costs $24 million. The cockpit of a Dassault Falcon 2000LXS. Flying on the Falcon 2000LXS for 300 hours a year amounts to around $5 million in operating costs, per Guardian Jet. On average, the jet burns some 280 gallons of fuel per hour, which amounts to $1,400 in hourly fuel costs. Both these jets cost around $24.5 million new, per Guardian Jet.

Persons: Falcon, Pratt & Whitney Organizations: Dassault Falcon, Dassault Aviation, Guardian Jet, Guardian, Pratt &, Gulfstream, Bombardier

☆ Wolfe Research's Stephanie Roth: 'We're expecting a soft landing'
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWolfe Research's Stephanie Roth: 'We're expecting a soft landing'Stephanie Roth, Wolfe Research chief economist, and Michael Schumacher, Wells Fargo head of macro strategy, join 'The Exchange' to discuss the likelihood of a soft-landing, if recent inflation data is a cause for Fed concern, and more.

Persons: Wolfe, Stephanie Roth, Michael Schumacher, Wells Organizations: Wolfe Research Locations: Wells Fargo

☆ Chance of recession 'vanishingly low,' says Wells Fargo's Michael Schumacher
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChance of recession 'vanishingly low,' says Wells Fargo's Michael SchumacherJeff Kilburg, KKM Financial founder and CEO, and Michael Schumacher, Wells Fargo head of macro strategy, join 'The Exchange' to discuss the state of the economy, the timeline of potential rate cuts, and more.

Persons: Wells Fargo's Michael Schumacher Jeff Kilburg, Michael Schumacher, Wells Organizations: KKM Financial Locations: Wells Fargo

☆ Lewis Hamilton says he’s fulfilling ‘childhood dream’ by joining Ferrari
▼ + stars: | 2024-02-03 | by ( Patrick Sung | ) edition.cnn.com time to read: +3 min

CNN —Seven-time Formula One world champion Lewis Hamilton said that he’s fulfilling a “childhood dream” by joining Ferrari in 2025 in his first social media post since his sensational move away from Mercedes was announced on Thursday. “It’s been a crazy few days which have been filled with a whole range of emotions. But as you all now know, after an incredible 11 years at Mercedes-AMG PETRONAS F1 Team, the time has come for me to start a new chapter in my life and I will be joining Scuderia Ferrari in 2025,” Hamilton said on his social media channels on Saturday. “I feel incredibly fortunate, after achieving things with Mercedes that I could only have dreamed of as a kid, that I now have the chance to fulfil another childhood dream. The 39-year-old Hamilton, who shares the record for the most F1 world titles with Michael Schumacher, joined Mercedes in 2013 after beginning his career with McLaren in 2007.

Persons: Lewis Hamilton, Mercedes, “ It’s, ” Hamilton, “, Carlos Sainz, Will Buxton, Hamilton, Michael Schumacher, Ferrari, ”, “ Mercedes, we’ve, I’m, Toto, Wolff, Niki, Lauda, Francois Nel, ” Hamilton’s, George Russell Organizations: CNN, Ferrari, Mercedes, PETRONAS F1 Team, Scuderia Ferrari, Sky Sports, McLaren, Arrows, Scuderia Locations: Spanish, British

☆ Lewis Hamilton: Questions swirl as multiple reports say is poised to leave Mercedes for Ferrari in 2025 season
▼ + stars: | 2024-02-01 | by ( Jill Martin | ) edition.cnn.com time to read: +2 min

CNN —Rumors and speculation are swirling as multiple UK outlets and racing publications are reporting that seven-time Formula One champion Lewis Hamilton is poised to leave Mercedes and join Ferrari for the 2025 season. Nothing has been formally announced, and none of the parties will confirm a deal is in place. CNN has reached out to Mercedes and Ferrari, who both declined to comment. CNN has also reached out to representation for Hamilton. However, in a shock move first reported by Sky Sports and Spanish media, Hamilton is now expected to leave Mercedes a year early to join Charles Leclerc at Ferrari for 2025, replacing Carlos Sainz.

Persons: Lewis Hamilton, Phil Duncan, Michael Schumacher, Hamilton, Mercedes, Clive Mason, Charles Leclerc, Carlos Sainz, Leclerc, Sainz, “ Lewis Hamilton’s, he’s, ” Duncan, Amanda Davies, “, Ferrari –, that’s Organizations: CNN, Mercedes, Ferrari, Press Association, Hamilton, McLaren, Getty, Sky Sports, Formula Locations: London, British, Spanish

☆ Max Verstappen ends record-breaking season with Abu Dhabi Grand Prix win
▼ + stars: | 2023-11-26 | by ( Aimee Lewis | ) edition.cnn.com time to read: +2 min

CNN —And so the curtain falls on a Formula One season dominated by Max Verstappen and his Red Bull team, with the Dutchman securing a record-extending 19th victory of the year at the Abu Dhabi Grand Prix. Never before has the sport seen a driver win with such regularity and ease, the three-time world champion again comfortably crossing the finishing line first at the season-ending race at the Yas Marina Circuit. Verstappen led from start to finish to secure his fourth win on the trot in Abu Dhabi. “It was an incredible season,” Verstappen told reporters. At one point, it seemed probable rather than possible that the team would win every race of the season, an outcome that faded away when Ferrari’s Carlos Sainz won the Singapore Grand Prix.

Persons: Max Verstappen, Lewis Hamilton, Michael Schumacher, Verstappen, Ferarri’s Charles Leclerc, Sergio Perez –, ” Verstappen, Ferrari’s Carlos Sainz, Bull Organizations: CNN, Red Bull, Grand Prix, Yas Marina Circuit, Singapore, Prix, Las Vegas Locations: Abu, Grand, Abu Dhabi

☆ Las Vegas Grand Prix: ‘Viva Las Vegas,’ sings Max Verstappen as he wins thrilling race
▼ + stars: | 2023-11-19 | by ( Aimee Lewis | ) edition.cnn.com time to read: +3 min

Unlike in many of the season’s previous races, however, Verstappen did not cruise to victory. Starting second on the grid, it wasn’t until lap 37 that the Dutchman passed Ferrari’s Charles Leclerc to take the race lead. Verstappen said afterwards that the race was “definitely a lot of fun.”“It was a tough one. I tried to go for it at the start,” he told reporters of his attempt to pass Leclerc at Turn 1. Perez, however, did secure second place in the drivers’ championship to ensure Red Bull will end the season with a one-two in the drivers’ championship for the first time.

Persons: Max Verstappen, Red Bull, Elvis Presley, Verstappen, Mike Blake, Reuters Verstappen, Sebastian Vettel, Michael Schumacher, Lewis Hamilton, Ferrari’s Charles Leclerc, Leclerc, George Russell, ”, ” Leclerc, Sergio Perez, Perez, Red, David Beckham, Jakub Porzycki, Russell, Brad Pitt, Justin Bieber, “, “ I’m Organizations: CNN, Las Vegas, Vegas, Sin City, Prix, Red Bull, Reuters, Mercedes, Hamilton, England Locations: Sin, Vegas, Austin, Miami, Turn

☆ Unimpressed Verstappen not buying into Las Vegas hype
▼ + stars: | 2023-11-16 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S. - November 15, 2023 Red Bull's Max Verstappen talks to the media ahead of the Las Vegas Grand Prix REUTERS/Mike Blake Acquire Licensing RightsLAS VEGAS, Nov 16 (Reuters) - Red Bull's Max Verstappen isn't buying into the turbo-charged hype around Formula One's return to Las Vegas, describing the race as 99% show, 1% sport. Asked if he was looking forward to this weekend, the three-time world champion was unequivocal, "No." "I just always want to focus on the performance side of things," shrugged Verstappen. "I am looking forward to trying to do the best I can, but not looking forward to this." Reporting by Steve Keating in Las Vegas.

Persons: Max Verstappen, Mike Blake, Max Verstappen isn't, Verstappen, I'm, It's, Sergio Perez, Sebastian Vettel, Lewis Hamilton, Michael Schumacher, Steve Keating, Christina Fincher Organizations: Las Vegas, Las Vegas Strip, Las Vegas Grand Prix REUTERS, LAS VEGAS, Thomson Locations: Las Vegas , Nevada, U.S, Las Vegas, Nevada, Abu Dhabi

☆ McLaren can be a real threat to Red Bull next season, says Brawn
▼ + stars: | 2023-11-14 | by ( Alan Baldwin | ) www.reuters.com time to read: +2 min

REUTERS/Leonhard Foeger/ File Photo Acquire Licensing RightsLONDON, Nov 14 (Reuters) - Ross Brawn is tipping a resurgent McLaren to take the fight to dominant Red Bull and triple world champion Max Verstappen next season. So, I think with that improvement going into next season they can be a real threat. Brawn was also optimistic Ferrari would improve under Fred Vasseur's guidance but recognised Red Bull would not be standing still and had the added benefit of being able to switch attention early to next year's car. Red Bull have so far won 19 of 20 races, with Verstappen triumphant 17 times -- a record for a single season that he can extend in Las Vegas this weekend -- and team mate Sergio Perez twice. I think sometimes when you get a team dominating you'd hope that both drivers would be fighting each other and that hasn't happened with Red Bull, which is a shame," said Brawn.

Persons: Jean Todt, Motorsports Ross Brawn, Chase Carey, Niki Lauda's, Leonhard Foeger, Ross Brawn, Red, Max Verstappen, Brawn, Michael Schumacher, Mercedes, McLaren, Andrea Stella, I'm, They’ve, Britain's Lando Norris, Oscar Piastri, Norris, Fred Vasseur's, Red Bull, Bull, Verstappen, Sergio Perez, It's, Alan Baldwin, Christian Radnedge Organizations: de, Formula, Motorsports, REUTERS, McLaren, Red Bull, Ferrari, Disney, Qatar, Thomson Locations: Stephen's, Vienna, Austria, Las Vegas

☆ The dollar rally has just about played out, says Wells Fargo's Michael Schumacher
▼ + stars: | 2023-10-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe dollar rally has just about played out, says Wells Fargo's Michael SchumacherThomas Lee, Fundstrat Global Advisors, and Michael Schumacher, Wells Fargo, join 'The Exchange' to discuss the upcoming Fed meeting, the possibility of a year-end rally, and more.

Persons: Wells Fargo's Michael Schumacher Thomas Lee, Michael Schumacher, Wells Organizations: Fundstrat Global Advisors Locations: Wells Fargo

☆ Formula One statistics for the Mexican Grand Prix
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +4 min

[1/3] Formula One F1 - United States Grand Prix - Circuit of the Americas, Austin, Texas, U.S. - October 22, 2023 Red Bull's Sergio Perez in action during the race REUTERS/Brian Snyder/File Photo Acquire Licensing RightsOct 25 (Reuters) - Formula One statistics for Sunday's Mexican Grand Prix at Mexico City's Autodromo Hermanos Rodriguez, round 19 of the 22-race season. CHAMPIONSHIPRed Bull and Verstappen have won both championships already, Verstappen his third and Red Bull their sixth. Red Bull have won 17 of 18 races, with Ferrari's Carlos Sainz winning in Singapore. Red Bull have also had a team record six one-two finishes in 2023. PODIUMSix teams and 11 drivers have made a podium appearance this season: Red Bull, Alpine, Aston Martin, McLaren, Mercedes and Ferrari.

Persons: Sergio Perez, Brian Snyder, Mexico City's Autodromo Hermanos Rodriguez, Max Verstappen, Red, MEXICO Red Bull's Sergio Perez, Lewis Hamilton, Nico Rosberg, Hamilton, Bull, Verstappen, Red Bull, Alain Prost, Ferrari's Carlos Sainz, Singapore . Red Bull, Aston Martin's Fernando Alonso, Ferrari's Charles Leclerc, Sainz, Aston Martin, McLaren, Mercedes, Michael Schumacher, Alonso, Alfa Romeo's, Zhou, Perez, Mercedes's George Russell, McLaren's Oscar Piastri, AlphaTauri's Yuki Tsunoda, Satoru Nakajima, Kamui Kobayashi, McLaren's Lando Norris, Nick Heidfeld's, Alan Baldwin, Ed Osmond Organizations: United, Prix, Mexico City's Autodromo Hermanos, MEXICO Red, Mercedes, Red, WINS Verstappen, Ferrari, Aston, Thomson Locations: United States, Americas, Austin , Texas, U.S, Netherlands, MEXICO, Mexico, Singapore, Singapore . Red, Saudi Arabia, Spain, Azerbaijan, Belgium, Austin, Hamilton, Hungary, Italy, Verstappen, Brazil, Australia, China, London

☆ Max Verstappen crowned Formula One world champion
▼ + stars: | 2023-10-07 | by ( Issy Ronald | Aimee Lewis | ) edition.cnn.com time to read: +3 min

CNN —Max Verstappen was crowned Formula One world champion for the third time, securing the title in the sprint race at the Qatar Grand Prix on Saturday. Super proud of the job of the team,” Max Verstappen told Sky Sports. A dominant seasonMax Verstappen celebrates his third world title. When such an impressive car is driven by one of the all-time greats, which Verstappen now is, it is sporting alchemy. Only five other drivers have won more world titles: Michael Schumacher, Lewis Hamilton, Juan Manuel Fangio, Alain Prost and Sebastian Vettel.

Persons: Max Verstappen, Sergio Pérez –, Verstappen, It’s, ” Max Verstappen, McLaren’s Oscar Piastri, Lando Norris, Mercedes ’ George Russell, Clive Rose, Bull, Sergio Pérez, Red Bull, Ferrari’s Carlos Sainz, Christian Horner, “, I’ve, Jack Brabham, Jackie Stewart, Niki Lauda, Nelson Piquet, Ayrton Senna, Michael Schumacher, Lewis Hamilton, Juan Manuel Fangio, Alain Prost, Sebastian Vettel Organizations: CNN, Qatar, Prix, Sky Sports, Singapore Locations: Bahrain

☆ Why Red Bull’s RB19 is one of the most dominant F1 cars ever
▼ + stars: | 2023-10-06 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +9 min

However, Red Bull Racing’s 2023 competitor, the RB19, has absolutely fried the system and blown past the boundaries of what appeared possible in this sport. Mark Thompson/Getty ImagesNewey has been designing F1 cars since 1988 and has won 12 Constructors’ Championships, split between his time at Williams, McLaren and Red Bull. Red Bull team principal Christian Horner has described Newey as “the only bloke that can see air” in an interview with Red Bull. And Mercedes eventually ceded its position at the summit of F1 to Red Bull in 2022 after being in control for much of the turbo-hybrid era. But it does raise the question: how far can Red Bull go?

Persons: Red Bull, Max Verstappen, we’ve, Lawrence Barretto, It’s, Edd Straw, Sergio Pérez, Ferrari’s Carlos Sainz, Sebastian Vettel’s, Bull, Verstappen, Vettel, Michael Schumacher’s, Mercedes ’, Mark Thompson, Lewis Hamilton, ”, “, ” Verstappen, Hamilton, Adrian Newey, Newey, Red, McLaren, –, Christian Horner, Straw, Max, “ We’ve, Michael Schumacher, Mercedes, hasn’t, he’s, Clive Mason, Lewis, Michael, Seb, Roger Federer’s, Bill Belichick, Tom Brady, Clive Rose, Bull won’t, George Russell, ” Horner Organizations: CNN, ”, CNN Sport, “, Suzuka, Singapore, Prix, Verstappen, Monza, Austrian, FIA, Sky Sports, Bulls, Constructors, Williams, Ferrari, Getty, BBC Radio Locations: Miami, Qatar, Austrian, ”, New England

☆ 'Virtually no chance for rate hike' this week, but Wells Fargo believes door remains open
▼ + stars: | 2023-09-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Virtually no chance for rate hike' this week, but Wells Fargo believes door remains openMichael Schumacher, Wells Fargo Securities global head of macro strategy, joins 'Fast Money' to talk this week's FOMC meeting, current risks to the market, the state of the bond market and more.

Persons: Wells, Michael Schumacher Organizations: Wells, Wells Fargo Securities Locations: Wells Fargo

☆ Bond yields around the world have hit turning point, says Wells Fargo's Michael Schumacher
▼ + stars: | 2023-09-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBond yields around the world have hit turning point, says Wells Fargo's Michael SchumacherMichael Schumacher, head of macro strategy at Wells Fargo, joins 'The Exchange' to discuss the case for international yields to fall by year end, the downward pressure a Fed cut would signal, and volatility due to messaging from the Bank of Japan.

Persons: Wells Fargo's Michael Schumacher Michael Schumacher Organizations: Bank of Japan Locations: Wells Fargo

☆ Lewis Hamilton extends Mercedes stay until the end of the 2025 season
▼ + stars: | 2023-08-31 | by ( Matt Foster | ) edition.cnn.com time to read: +1 min

CNN —Lewis Hamilton will remain a Mercedes driver in Formula One until at least the end of the 2025 season after the team announced a contract extension on Thursday. Hamilton, who shares the record for most F1 world titles with Michael Schumacher (seven), joined Mercedes in 2013 after starting his career with McLaren in 2007. The 38-year-old owns the outright record for most race wins in F1 history with 103. In the Mercedes press release, Hamilton said, “We dream every day of being the best and we have dedicated the past decade together to achieving that goal. Hamilton’s teammate, fellow Brit George Russell, also extended his contract with the outfit until the end of 2025.

Persons: CNN — Lewis Hamilton, Hamilton, Michael Schumacher, Max Verstappen, Red Bull, “, it’s, … I’m, isn’t, Mercedes, Hamilton’s, Brit George Russell, ” Russell, ” Organizations: CNN, Formula, Mercedes, McLaren, Red, “

☆ Max Verstappen wins record-equaling ninth straight race as home crowd brings on ‘goosebumps’
▼ + stars: | 2023-08-28 | by ( Matt Foster | ) edition.cnn.com time to read: +4 min

The German, then driving for Red Bull, completed the same feat during his 2013 title win. Alonso had started the race in fifth but – Verstappen aside – put on the driving performance of the day. “It was probably one of the more difficult races to win, but nine in a row is something I never even thought about,” said Verstappen. Red Bull boss Christian Horner was less coy about the achievements of his star man and indeed the team as a whole. Alain Prost and Vettel, five and seven race wins ahead of Verstappen as things stands, could be overtaken before the 2023 season ends given that nine races remain.

Persons: Max Verstappen, Sebastian Vettel, Red Bull, Red, Christian Horner Koen van Weel, Sergio Perez, Perez, Fernando Alonso, Pierre Gasly, Alonso, –, Lando Norris, Aston Martin, Verstappen, ”, “, ” Verstappen, “ I’m, It’s, ” Fernando Alonso, Christian Horner, coy, ” Horner, Alain Prost, Lewis Hamilton, Michael Schumacher, Verstappen’s Organizations: CNN, Prix, Formula, Red, Red Bull, Getty, Aston, Monza, Zandvoort Bryn Lennon, Vettel Locations: Netherlands, Zandvoort, Verstappen

☆ Formula One statistics for the Dutch Grand Prix
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +3 min

Formula One F1 - Dutch Grand Prix - Circuit Zandvoort, Zandvoort, Netherlands - September 4, 2022 Red Bull's Max Verstappen and Mercedes' Lewis Hamilton in action during the race REUTERS/Yves Herman/File Photo Acquire Licensing RightsAug 23 (Reuters) - Formula One statistics for Sunday's Dutch Grand Prix at Zandvoort, the 13th race of the 22-round season. Total distance: 306.587km (72 laps)2022 pole position: Max Verstappen (Netherlands) Red Bull one minute 10.342 seconds. Verstappen won in 2021 and 2022, both times from pole position, making him the only current driver on the grid to have won the Dutch Grand Prix. Aston Martin's Fernando Alonso has 32 wins, most recently in his home Spanish Grand Prix in 2013 with Ferrari, from a record 367 starts. PODIUMSix teams and eight drivers have made a podium appearance this season: Red Bull, Alpine, Aston Martin, McLaren, Mercedes and Ferrari.

Persons: Max Verstappen, Mercedes, Lewis Hamilton, Yves Herman, Red Bull, Verstappen, Sebastian Vettel, Alain Prost, Perez, Abu Dhabi, Hamilton, Aston Martin's Fernando Alonso, Bull, Charles Leclerc, Aston Martin, McLaren, Michael Schumacher, Romeo's, Zhou, George Russell, Alan Baldwin, Pritha Sarkar Organizations: Prix, Zandvoort, Indianapolis Motor Speedway, Monaco, Verstappen, Spanish, Ferrari, Aston, Thomson Locations: Zandvoort, Netherlands, Britain, NETHERLANDS, Amsterdam, Abu, Saudi Arabia, Hungary, Azerbaijan, Belgium, Hamilton

☆ Wells Fargo makes bond yield peak call, sees little progress on inflation ahead
▼ + stars: | 2023-08-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWells Fargo makes bond yield peak call, sees little progress on inflation aheadMichael Schumacher, Wells Fargo Securities head of macro strategy, joins 'Fast Money' to talk the latest inflation report, the job market, bond yields and more.

Persons: Wells, Michael Schumacher Organizations: Wells, Wells Fargo Securities Locations: Wells Fargo

☆ Hamilton's 104th pole position feels like a first
▼ + stars: | 2023-07-22 | by ( ) www.reuters.com time to read: +2 min

BUDAPEST, July 22 (Reuters) - Lewis Hamilton has had more pole positions than any driver in Formula One history, but the Briton's 104th in Hungary on Saturday still felt like a first. "It feels like my first pole, believe it or not," Hamilton said after beating Red Bull's runaway championship leader Max Verstappen by just 0.003 of a second. "It feels strange to say that when there's 104 but I don't remember the last time I had a pole, it feels so long ago." On Friday, when he was only 16th fastest, Hamilton said his car felt like the worst, but a day later and he was suddenly fastest -- in both final practice and qualifying after overnight tweaks. The pole lap, he said, had felt like he was hardly breathing.

Persons: Lewis Hamilton, Mercedes team's, Red Bull, Ayrton Senna, Michael Schumacher, Hamilton, Red, Max Verstappen, you've, Nico Rosberg, Alan Baldwin, Hugh Lawson Organizations: Formula, Saturday, Briton, Thomson Locations: BUDAPEST, Hungary, London

☆ CNBC Daily Open: Cool inflation and hot markets
▼ + stars: | 2023-07-13 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Disinflation in processU.S. headline inflation in June rose just 0.2% compared with May, and 3% from a year ago — the lowest level since March 2021. Excluding food and energy prices, core CPI was 0.2% higher month on month and 4.8% higher on an annual basis. China's trade trickling dryChina's trade activity in June indicated the country's economic slump isn't over.

Persons: Dow Jones, xAI Elon Musk, xAI, Michael Schumacher Organizations: CNBC, Nasdaq, Imports, SpaceX, Twitter, Google, Federal Reserve, Wells, Wells Fargo Securities Locations: Asia, Pacific, South, Wells Fargo

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