U.S. and Iran Reach Ceasefire Deal and AI is Driving Up San Francisco Home Prices

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🗓️ 9 April 2026

⏱️ 6 minutes

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Summary

The United States and Iran came to a ceasefire deal on Tuesday night, expected to last two weeks, but Iran is already saying Israel is violating it by continuing attacks on Lebanon. The ceasefire came just a day after President Trump warned he would destroy a "whole civilization" unless Iran reopened the Strait of Hormuz. Meanwhile, nearly 400,000 Los Angeles students could be out of class next week, as three major unions representing teachers, school staff, and administrators threaten a historic strike on April 14th, with the district now considering emergency "hubs" for families with no other childcare options. In business, the AI boom has propelled San Francisco's median home price to a record $2.15 million as high-earning tech workers flood a market with historically low inventory, and California’s data center expansion is facing significant local opposition, causing developers to scrap or delay multi-billion dollar projects, and even shift to other states like Texas. Read more at https://LATimes.com.

Transcript

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0:00.0	This is the time.
0:23.6	And the fact is the good.
0:24.6	And the fact is the group of the community.
0:27.6	The time is the people.
0:30.6	And the point.
0:31.6	And the same and the
0:33.6	and the same and the
0:35.6	and the next one of the world. And I'm a lot of the interest for the
0:40.3	people who are just going to be.
0:42.3	It's right.
0:43.3	And we're going to get to the people
0:45.3	and the people who are just about.
0:47.3	And so.
0:49.3	I'm a, that's a lot of the next.
0:52.3	And so you know, you know, it's a they have reached a temporary ceasefire in the war that
1:11.0	swept across the Middle East, but there are big questions that still remain.
1:15.5	Top of mind is the Strait of Hormuz, the narrow mouth of the Persian Gulf through which
1:19.1	20% of crude oil and natural gas passes in peacetime.
1:23.7	Iran insists that its military is still going to control access through the Strait, and we've heard from one diplomat that says Iran and Oman, whose territorial waters form the strait,
1:32.7	would still be collecting fees from passing ships.
1:34.8	This is a big departure from what had been before.
1:38.3	The world largely considers the strait an international waterway that should be free for all. So, you know, for that and what the is the way. And so you know,
	...

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