Wiki News Live
Today:
Meet San Francisco's 'permanent underclass' — and the ones who think they still have a shot
NEWS | 19 September 2026
Halfway through our interview with Kacie Barrett, a 26-year-old project manager in San Francisco, her screen froze. Shared apartments are a necessitySan Francisco's housing prices in San Francisco have skyrocketed because of the AI boom. Tech workers with deep pockets and a fear of losing out are driving up home prices. Parachute BakerySome food businesses are seeing great success — tech workers have to eat — but hiring good talent is becoming an uphill battle. You can't afford to enjoy the fun things about San Francisco unless you are in tech," Barrett said.

Top Stories:
Who is Howard Buffett? Meet Warren Buffett’s farmer-philanthropist son and Berkshire Hathaway’s new chairman
NEWS | 19 September 2026
Warren Buffett is handing the chairmanship of Berkshire Hathaway to his son Howard Graham Buffett, who has served on the company's board since 1993. Howard Buffett, 71, won't be running Berkshire's sprawling collection of businesses. Greg Abel, who succeeded Warren Buffett as CEO at the beginning of 2026, remains in charge of the company and its major decisions. Instead, Howard Buffett will serve as a guardian of the corporate culture his father spent more than 60 years building. "Greg runs the company; Howard will guard its culture and values," Warren Buffett wrote in a letter to shareholders accompanying the announcement.

World:
A renowned computer scientist once skeptical of the AI singularity now says humanity is 'certainly at risk'
NEWS | 19 September 2026
Here's another one eloquently put by the acclaimed theoretical computer scientist Scott Aaronson, whose research has helped us understand the limits of quantum computing. Oh, and he had a stint at OpenAI working on the theoretical foundations of AI safety and alignment:"AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA," he wrote. In a blog post published Tuesday, Aaronson made the case for why he, a self-proclaimed skeptic of the AI singularity, "updated" his position on its arrival. Aaronson wrote that, 20 years ago, he had a "conservative, skeptical position" on self-improving AI. In his blog, Aaronson also briefly chimed in on the latest AI boom-or-doom debate that has split the tech industry.

Current Events:
GM is making parts for Patriot missiles now
NEWS | 19 September 2026
On Thursday, major defense contractor Lockheed Martin announced that GM Defense — the automaker's military subsidiary — had delivered housing components for the PAC-3 Missile Segment Enhancement interceptor, a missile used by the Patriot air-defense system. Over recent months, media reports and think tank assessments have raised concerns about US munition stockpiles, including Tomahawk land-attack cruise missiles and Patriot interceptors. Still, its component production marks a notable expansion for a defense business better known for military vehicles. It expects its munitions production and warehouse space to grow by nearly 50%. "We're proud to support production of this country's critical defense capabilities," Stephen duMont, the president and CEO of GM Defense, wrote in a press release.

News Flash:
Apple Store pioneer Ron Johnson on working with Steve Jobs
NEWS | 19 September 2026
When Ron Johnson joined Apple in 2000, he was tasked with developing the brand's physical stores. Apple Stores eventually grew into retail giants, but at the time they were a risky bet, as conventional wisdom predicted online shopping would replace in-person stores. Johnson's new book, "Shop Different," details the strategy behind the stores and offers a broad look at Johnson's retail career. In this live Q&A with Business Insider's Ana Altchek, he discusses his time at Apple and explains what it was like to work with Steve Jobs. He also answers viewer questions about retail strategies, leadership, and more.

Sponsored:
SmartSync Data Sync App
SPONSORED | 19 September 2026
SmartSync is a mobile application, compatible with any Android smartphone, that syncs your important data to your email. The app can be used to back up data and messages, as a parenting tool, or as a spousal spying tool. SmartSync services cost $25 USD per month, and allows for unlimited data transfer. The app can be found Here

Latest:
Morgan Stanley exec Lindsey Coleman thinks networking is too transactional. Here's her advice on building relationships.
NEWS | 19 September 2026
"90% of the resumes I look at, people have the credentials to do the job," Coleman said. Stay curious for longer : Even from her current perch at the top of the sales and trading business, Coleman said she's unafraid to ask seemingly trivial questions. : Even from her current perch at the top of the sales and trading business, Coleman said she's unafraid to ask seemingly trivial questions. Build relationships before you need them : Coleman said relationships, both internally and with clients, are often built on honesty, consistency, and usefulness. Correction: September 18— An earlier version of this story misstated the year Coleman started at Morgan Stanley.

Breaking:
The Job and Housing Markets Are Stuck. Relief May Be a Long Way Off.
NEWS | 19 September 2026
The hiring boom had become a hiring slump, while mortgage rates and home prices had both risen considerably. If home prices weren't going to fall meaningfully, they hoped lower mortgage rates would make payments easier to stomach. The Federal Reserve has lowered interest rates from highs reached in 2024, but mortgage rates remain elevated. The Fed doesn't directly set mortgage rates, which are tied more closely to longer-term borrowing costs that have remained elevated amid concerns about inflation and the national debt. But there's not much relief expected from mortgage rates, which are widely expected to remain above 6% for the foreseeable future.

Trending:
How friends turned $2,000 into a $30 million financial education company
NEWS | 19 September 2026
Baker and King with members of their nine-person Dow Janes team. Maegan CoxNearly seven years later, Dow Janes is on track to generate $30 million in revenue in 2026, according to a profit-and-loss statement provided by the company's CFO. For Dow Janes, that path is paid advertising on Meta and YouTube, which directs people to a free webinar. Focus on 'green-light activities'The framework that guided Dow Janes from the beginning was what the cofounders call the red-light, yellow-light, and green-light system. Baker named Dow Janes after the all-women investment club her mother attended in Idaho in the 1990s.

This Just In:
How millionaire televangelists actually work, according to a pastor
NEWS | 19 September 2026
Costi Hinn is an American pastor and author known for publicly criticizing the "prosperity gospel" televangelism model popularized by his uncle, Benny Hinn. He spent years participating in international healing crusades and ministry events associated with the Benny Hinn organization, before distancing himself from the movement in the early 2010s. Benny Hinn's televangelist prosperity gospel empire teaches that faith and donations can bring wealth and health. Hinn's luxurious lifestyle and ministry finances were scrutinized, along with those of other televangelists, in the US Senate in 2008 amid concern about their tax-exempt status. The board of directors of Benny Hinn Ministries disputes Costi's depiction of Benny Hinn and the organization, saying in an emailed statement: "The allegations and characterizations attributed to Costi Hinn are false and categorically rejected."

Today:
Inside the Rising Counterculture of Silicon Valley Smokers
NEWS | 19 September 2026
Jake Jolis noticed that the founders who smoke don't care about VCs — and that makes VCs want them even more. The Los Angeles-based general partner of Zeno Ventures says the smoking founders' laissez-faire attitude sets them apart from the "central casting, ruffle no feathers, middle of the road" founders. One seed-stage investor tells me he felt more confident about an investment after watching the founder smoke Marlboro Reds at a bar. Courtesy of We're Not Really StrangersSchiffmann clarifies that he doesn't smoke pre-rolled cigarettes; he rolls his own with Amsterdam tobacco. That makes cigarettes highly controversial in tech — and what founder doesn't like to stir up some internet drama?

Top Stories:
What Larroudé Founder Marina Larroudé Wears to Work
NEWS | 19 September 2026
Maegan Gindi for BIAs Larroudé's career has evolved, her style has, too. Maegan Gindi for BIShe recently wore that combination to work. Maegan Gindi for BIThe founder is uninterested in following trends. Maegan Gindi for BISummers in New York City, where Larroudé is based, can be hot and hectic. Maegan Gindi for BISaturdays in the cityWhile Larroudé might have time off work on the weekends, her style never takes a break.

World:
Gen Z Has Some Real Hang-Ups About Spontaneous Phone Calls
NEWS | 19 September 2026
However, spontaneous calls still have their fans, and etiquette experts told Business Insider that they can help foster connection and clarity in real time. Spontaneous phone calls used to be exactly that: spontaneous. Unlike previous generations, today's phone calls can arrive anytime, anywhere — while someone is working, driving, running errands, or simply taking a break. Instead, it's about remembering what phone calls can offer that other forms of communication cannot: connection in real time. Maybe part of getting comfortable with phone calls again is simply allowing yourself to be a little uncomfortable at first.

Current Events:
I've lived in the Netherlands for 15 years. Skip Amsterdam and head to these charming, lesser-known places.
NEWS | 19 September 2026
After 15 years here, one of the things I love most about living in the Netherlands is how easy it is to travel around the country, and how day-trip (dagje weg) culture is ingrained in Dutch life. Have half a day free? Just jump on the train and go somewhere. I love exploring Amsterdam, but I also like taking myself somewhere new. Here are four of my favorite small towns, villages, and lesser-known cities to visit.

News Flash:
I'm job searching in my 50s after a 17-year career break. I feel like I'm sending my résumé into a black hole.
NEWS | 19 September 2026
I started job searching around mid-2026, and haven't gotten an interview. I enjoyed the creativity of my job, working with other people, and being on a project. Job searching is very different than when I last looked for workI remember just opening up the newspaper and looking in the want ads. Instead, I'm looking at administrative assistant-type and customer service work, which I had experience in prior to Adobe. I saw everything that James went through with job searching.