A surprising February jobs report is raising new questions about the strength of the labor market. The economy lost 92,000 jobs last month weighed down by severe winter weather and a strike at a major health care provider. CNBC’s Steve Liesman and San Francisco Fed President Mary Daly break down the data, the broader economic picture, and what it could mean for the Federal Reserve’s interest rate path. Then, former U.S. Congressman Sean Maloney, now CEO of the Coalition for Prediction Markets, discusses the future of prediction markets, concerns about insider trading, and what regulation might look like in this fast-growing space. Plus, Kristi Noem is out as Homeland Security Secretary, the Pentagon labels Anthropic a “supply chain risk,” and the war with Iran enters its seventh day.

Mary Daly - 16:08

Sean Maloney - 33:25

In this episode:

Steve Liesman, @steveliesman

Mary Daly, @MaryDalyEcon

Andrew Ross Sorkin, @andrewrsorkin

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Katie Kramer, @Kramer_Katie

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A Weak Jobs Report & Regulating Prediction Markets 3/6/26

Squawk Pod