CALWIRE Market Update (Saturday, October 10, 2026)

By Calwire Markets Desk

  By Calwire Markets Desk

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Today's top story: Vance says Microsoft replaced laid-off workers with foreign hires. Here’s what the visa data shows. This roundup covers 12 stories from CNBC Top, Fortune, and MarketWatch.

Vance says Microsoft replaced laid-off workers with foreign hires. Here’s what the visa data shows
The administration barred Microsoft and seven other firms from sponsoring green cards over claims they favor foreign workers. Here... — CNBC Top

Putin relayed Iran war proposal to Trump, Kremlin says
Putin's reported call with Trump regarding the Iran war comes on the heels of a deal for the U.S. to buy Russian diesel amid a sur... — CNBC Top

Ex Goldman Sachs CEO got into Harvard University at 16 from public housing—and says higher education is the best way to break into the middle class
Lloyd Blankfein, the former CEO of financial giant Goldman Sachs, says education is the “real accelerator” of wealth and success—h... — Fortune

Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers—‘or you’re neurodivergent’
Billionaire Alex Karp tells Gen Z to skip elite college degrees, as one-fifth of Fortune 500 companies recruit more neurodivergent... — Fortune

Flu season is already here. Here’s what to know about this year’s flu shots.
This year’s flu season has arrived about seven weeks earlier than in 2025 or 2024. — MarketWatch

Nvidia built a $5 trillion company while making employees pay for their own lunch—but they get far more lucrative perks like stock discounts
At the world’s most valuable company, lunch isn’t free—but a generous stock plan has been far more lucrative. — Fortune

‘People in the U.S. need to wake up’: As a mortgage loan officer, I rejected applications from wealthy couples. Here’s why.
“People in the U.S. need to wake up.” — MarketWatch

‘The pain was excruciating’: A friend in her 80s fell down her basement stairs. What could we have done to prevent it?
“She developed pleural effusion — fluid between the lungs and ribs — compressing her lungs and making it hard... — MarketWatch

How Supreme Court justices are leaning in major 401(k) case over private funds and underperformance
The Supreme Court is weighing an Intel 401(k) case as employers await new Labor Department rules on private investments in retirem... — CNBC Top

Winter is coming and energy bills are climbing. ‘Everything just keeps going up.’
Expensive utility bills have become an increasingly sharp thorn for Americans’ wallets, but warmer weather this winter and... — MarketWatch

The economist behind the ‘China shock’ says AI is a paradoxical ‘skill-disequalizer’ for Gen Z workers
“Young professionals need to beware of the illusion of competence,” MIT professor and Google Technology & Society visiting fe... — Fortune

A $100 price hike may be all it takes to scare off iPhone buyers in this economy, as Apple reportedly slashes orders
Suppliers say Apple’s October component orders for its newest Pro iPhones are down at least 15%, as an AI-driven memory chip short...

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