The Top State for Business & Debating Prediction Markets 7/9/26

Squawk Pod

CNBC

Investing, Business, Business News, News

4.2 • 547 Ratings

🗓️ 9 July 2026

⏱️ 38 minutes

🔗️ Recording | Apple Podcasts | RSS

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Summary

CNBC's Megan Cassella reports on the latest strikes between the U.S. and Iran, and Democratic Senate Nominee for Maine Graham Platner is ending his campaign. Former Republican Senator for Nevada Dean Heller is now an advisor to Kalshi, and he responds to former New Jersey Governor Chris Christie’s comments about the difference between prediction markets and sports gambling. Plus, CNBC’s 20th annual list: Top States for Business with Scott Cohn. The guesses and the top 5, plus a special interview with the governor of the state that ranked first. A hint: it’s in the heart of things. Megan Cassella - 02:58 Dean Heller - 12:51 Scott Cohn - 22:26 Top State Governor - 30:00 In this episode: Joe Kernen, @JoeSquawk Melissa Lee, @MelissaLeeCNBC Megan Cassella, @mmcassella Scott Cohn, @ScottCohnTV Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:04.2	Hi, I'm CNBC producer Katie Kramer.
0:06.9	Today on SquackPod.
0:09.6	What is America's top state for business?
0:12.3	CNBC has been studying and ranking states economically and dynamically annually for 20 years.
0:19.0	Our Scott Cohn, Chris Cross, is the nation.
0:21.6	Changemaker, well, this is the state where the cash register was invented by James Ritty.
0:27.0	He gives us some crazy clues we can't interpret and then reveals the big winner and its leadership.
0:32.9	I'm Tiri. I'm Tiri. And, Governor, thank you. It's just finally happening.
0:37.2	Where is the answer? Keep listening.
0:40.5	And traditional gaming upended by America's new obsession with prediction markets,
0:45.8	former Senator Dean Hiller.
0:47.5	With the gaming industry, if you lose, gaming wins.
0:51.2	With prediction markets, all we're doing is putting a buyer and a seller together.
0:55.6	Plus, the latest on U.S. strikes against Iran are Megan Cassello reports.
1:00.4	After those attacks, missile alerts were reported in Bahrain and Qatar, both of which appeared to be targets of Iran's retaliation.
1:07.3	And how to read the tea leaves in a new era at the Federal Reserve.
1:11.2	Briefcase indicator.
1:13.1	No one carries a briefcase anymore.
1:14.5	You know why?
1:15.3	Because no one has paper.
1:17.1	It is Thursday, July 9th, 2026.
	...

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