Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON March 31, 1954
Full News Archive
- Headline: Cruisers Salem and Worcester in NYC. Impact: The arrival of the cruisers Salem and Worcester in NYC led to a sudden spike in sailor-themed cocktail parties. This eventually inspired a global trend of nautical-themed bars, where the only drink served was rum and regret.. Fact: Did you know that these cruisers had more social events planned than the average NYC socialite? They also probably had better stories..
- Headline: Israeli Press Supports Controversial Raid. Impact: The Israeli press's backing of the raid created a media frenzy that would eventually lead to the rise of sensationalist journalism. Fast forward a few decades, and you have reality TV and 'The Kardashians' β all thanks to a little raid support.. Fact: Fun fact: The phrase 'fake news' was born shortly after when the public realized the difference between sensationalism and actual news..
- Headline: Tax Cut Set to Boost NYC Theaters. Impact: The anticipated excise tax cut for theatregoers would lead to an explosion in Broadway ticket sales. This caused an unprecedented surge in overpriced popcorn sales, leading to a popcorn monopoly that would dominate the snack industry.. Fact: Did you know that popcorn was once considered a peasant food? Now, itβs the royalty of snacks, thanks to overpriced theatre concessions!.
- Headline: JORDAN KING ASKS HALT IN ISRAEL AID; Hussein Says Certain Lands Help Neighbor at Expense of His Nation's Security. Impact: King Hussein's call for a halt in Israeli aid made waves that ultimately led to a series of diplomatic events, including the phrase 'Can we just not?' entering the global political lexicon. It was the beginning of asking for a timeout in international relations.. Fact: Fun fact: Asking for 'a halt' in international aid is just a more polite way of saying, 'I need a break from all this drama.'.
- Headline: BRITISH HONDURAS AFFIRMS CHARGES; Inquiry Finds Left-Wing Party Has Ties in Guatemala, but Election Will Not Be Put Off. Impact: The inquiry into British Honduras' left-wing party ties to Guatemala caused such a ripple that it set the stage for political conspiracy theories. Fast forward, and you have people convinced that lizard people control their governments.. Fact: Did you know that conspiracy theories often have their roots in real political events? So, next time you hear someone talk about lizard overlords, just rememberβit all started with a mere inquiry..
- Headline: 4 Reds Held in Argentina. Impact: The arrest of four Communists in Argentina sparked a wave of paranoia that spread through governments worldwide. This led to the creation of 'Red Scare' themed parties, where the only dress code was 'no red allowed.'. Fact: Did you know that communists at parties were generally more fun? They always brought the best snacks, like revolutionary ideas and questionable beverages..
- Headline: PEARSON CITES DULLES; Wants Word From U.S. if Asia Policy Affects Canada. Impact: Pearson's request for U.S. consultation on Asia policy would unintentionally lead to decades of Canada playing the role of the polite neighbor, always knocking on the door to borrow sugar, but never getting invited in for coffee.. Fact: Fun fact: Canada has perfected the art of polite diplomacy, often resulting in their leaders getting more 'thank you' notes than actual influence..
- Headline: Old and New Rates Of Excises Listed. Impact: Listing old and new rates of excises marked a turning point in how governments communicated with their citizens. This led to the development of the 'chart' as an art form, eventually resulting in infographics and a generation of PowerPoint warriors.. Fact: Did you know that if you stare at tax charts long enough, they start to look like abstract art? Itβs like a Monet, but with more confusion..
- Headline: U. N. Council Is Stymied On Israeli-Arab Problem; Soviet Veto, Further Restricting Body's Role, May Put Burden on Assembly. Impact: The U.N. Council's struggle with the Israeli-Arab problem foreshadowed decades of diplomatic gridlock, inspiring countless sitcoms about dysfunctional families that would be less complicated than international relations.. Fact: Fun fact: The U.N. has spent more time discussing the Israeli-Arab issue than most people spend trying to figure out what to eat for dinner. And yet, dinner decisions often lead to less conflict!.
Wall Street Time Machine
GE
General Electric
General Electric - If you invested $1,000 in 1954, it would be worth $487,500 today (487.5x return)
IBM
IBM
IBM - If you invested $1,000 in 1954, it would be worth $205,272 today (205.3x return)
PFE
Pfizer
Pfizer - If you invested $1,000 in 1954, it would be worth $168,691 today (168.7x return)