Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON May 17, 1955
Full News Archive
- Headline: AP and Telegraphers Union Agreement. Impact: This little pact led to a series of labor movements that eventually resulted in the rise of the 'work-from-home' culture. If only they knew they were setting the stage for pajama work attire.. Fact: The telegraph was the first instant messaging serviceβuntil it got replaced by emojis..
- Headline: New Publishers Appointed in 1955. Impact: With Campbell at the helm, the publication industry transformed into a battleground for clickbait, leading us to todayβs endless scroll of '10 Ways to Make Your Cat Happy'.. Fact: Publishers were once revered like gods. Now, they just pray for good ad revenue..
- Headline: Barbers Strike for Fair Wages. Impact: The barbers' strike was the catalyst for the rise of DIY haircuts during lockdowns. Who knew a $1.50 haircut could lead to a global pandemic of home hair disasters?. Fact: Barbering was once considered a noble professionβnow it's just a side hustle for hipsters..
- Headline: TRANSITION CRUX OF BIAS DECISION; Supreme Court Must Decide Questions on Time Period and Enforcement Means. Impact: This Supreme Court decision created a ripple effect, influencing civil rights movements that took decades to unfold, proving that sometimes, the wheels of justice turn at a snailβs pace.. Fact: The only thing slower than the Supreme Court is a dial-up internet connection..
- Headline: WHITE HOUSE BACKS TRADE BILL CHANGES. Impact: This trade bill was the start of a never-ending saga of political amendments, setting the stage for today's Congress where amendments are like holiday fruitcakeβnobody really wants them but they keep coming back.. Fact: Politics is just like high school: full of drama, cliques, and people who donβt want to be around each other..
- Headline: CHOU RENEWS BID FOR TALK WITH U.S. ON FORMOSA ISSUE; Asserts Red China Is Willing to Try to 'Liberate' Island by Peaceful Techniques ROLE FOR CHIANG BARRED No Mention Is Made of Matsu and Quemoy -- Washington Accused of Evasiveness CHOU RENEWS BID FOR TALK WITH U.S.. Impact: Chou's attempts for peace led to decades of diplomatic ups and downs. Little did he know that the phrase 'we're all friends here' would eventually just be code for 'letβs keep talking while planning a back-up strategy.'. Fact: The concept of diplomacy is like a relationship: it takes a lot of communication and sometimes a little bit of lying..
- Headline: NEIGHBORLY TARIFF TIFF; El Salvador Bars Shirts From Honduras, Which Retaliates. Impact: This tariff tiff sparked an ongoing feud that has led to today's global trade wars, proving that sometimes a shirt can start an international incident.. Fact: Tariffs are just taxes dressed up in a fancy suit, trying to look important..
- Headline: Reappraisal Sought On Italy's NATO Tie; RESTUDY SOUGHT OF ITALY-NATO TIE. Impact: Italyβs NATO ties were scrutinized, paving the way for future alliances that would involve more pasta and less military action. Who knew allegiance could be so delicious?. Fact: Italyβs main export is not just pasta, but also confusion in international politics..
- Headline: RAYON PLANT PLANNED; American Enka to Make Staple Fiber in Tennessee. Impact: The establishment of this rayon plant marked the beginning of Americaβs love affair with synthetic fibers, making polyester the fabric of our livesβliterally.. Fact: Rayon is just a fancy word for 'I canβt afford silk.'.
Wall Street Time Machine
IBM
IBM
IBM - If you invested $1,000 in 1955, it would be worth $205,272 today (205.3x return)
PFE
Pfizer
Pfizer - If you invested $1,000 in 1955, it would be worth $168,691 today (168.7x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1955, it would be worth $3,433,941 today (3433.9x return)