Trump exclusive, prediction market activity soars, AI Alexander Hamilton and more in Morning Squawk

In a recent interview with CNBC's Joe Kernen, former President Donald Trump shared his insights on the U.S. economy, his business ventures, and family dynamics, just ahead of the nation's 250th anniversary. This exclusive discussion comes as Wall Street wraps up a successful week, with stock futures showing mixed signals this Monday. As the East Coast experiences a heat wave, the financial markets are heating up as well. All three major indexes finished last week positively, with the Dow Jones Industrial Average reaching a historic peak. Investor optimism has risen following a weaker-than-expected jobs report, leading many to speculate that the Federal Reserve may hold off on raising interest rates. This week, all eyes will be on the Fed's meeting minutes for further direction on monetary policy. In the realm of prediction markets, excitement is building around the FIFA World Cup, driving significant trading activity. Notably, Kalsi reported a remarkable 70% increase in notional volume, surpassing $31 billion in June, as highlighted by Dune Analytics. Similarly, Polymarket achieved a record monthly trading volume exceeding $10.8 billion. In sports news, Trump has reportedly encouraged FIFA to reconsider the one-game suspension of U.S. Men's National Team player Folarin Balogun, leading to an unexpected reversal by the organization. Balogun is set to compete in today’s knockout match against Belgium. On the cultural front, the Museum of American Finance has opened its new headquarters in Boston, showcasing an innovative AI-generated interactive exhibit featuring Alexander Hamilton. This marks the first permanent location for the museum after leaving New York City in 2018 due to flooding. Visitors can engage with the AI version of Hamilton, the nation’s first Treasury Secretary, in over 50 languages, thanks to a collaboration with the Fidelity Center for Applied Technology. As summer travel habits shift, more American tourists are opting for off-peak seasons, avoiding the typical crowded and costly summer months abroad. This trend is causing airlines to adapt their strategies in response to rising fuel prices and changing traveler preferences. Stay tuned for continued updates as we monitor these developing stories and their implications for investors.