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 August 25, 1955
Full News Archive
- Headline: School Desegregation Challenges in 1955. Impact: This event set off a chain reaction that led to countless protests, boycotts, and the eventual establishment of civil rights laws. Who knew that denying education to a few kids would spark a nationwide outcry for equality? It's like they threw a rock into a pond and created a tsunami.. Fact: Did you know that the term 'Negro' was commonly used until the 1970s? Itβs like a time capsule of awkwardness every time you hear it..
- Headline: Eisenhower's Judicial Appointment Principles. Impact: Eisenhower's comments somehow led to a judiciary that, in the future, would be praised, criticized, and everything in between. It also ensured every lawyer in America had a little something to argue about for decades.. Fact: Fun fact: Presidents have been tying their comments to appointments since the dawn of politics. Some might say itβs their favorite pastime, right after golf..
- Headline: Waterbury, Vt., to Aid Its Stricken Namesake. Impact: This act of kindness caused a ripple effect of community support, leading to a nationwide trend of towns helping each other out. Who knows, maybe it was the start of the 'Help Thy Neighbor' movement, or just a really nice PR stunt.. Fact: Waterbury, Vt. and Waterbury, Conn. are basically just playing a game of 'who can be more generous'. Spoiler alert: theyβre both winners..
- Headline: BORROWING COSTS AGAIN INCREASED; Commercial Paper Dealers Raise Rate 1/8 of 1 Per Cent in 7th Advance This Year YIELD NOW 2 1/4 TO 2 3/4% Mark-Up Reflects Continued Shrinking Supply of Funds Available for Lending. Impact: The increase in borrowing costs meant businesses had to get creative or go broke, which ironically led to a boom in entrepreneurial spirit. Thanks, capitalism!. Fact: Did you know that commercial paper isnβt actually paper? Itβs just a fancy way of saying 'I owe you a drink, but you have to pay me back with interest.'.
- Headline: Walton to Attend U. S. Bow. Impact: Sir William Walton's attendance at the US premiere likely triggered a wave of appreciation for the arts, possibly leading to a few pretentious conversations about music at dinner parties for decades to come.. Fact: Did you know that 'Troilus and Cressida' is Shakespeare's least performed play? Maybe Walton knew something we didnβt..
- Headline: Widening of Sudan Troop Mutiny Into a Popular Uprising Feared; Government Is Said to Have Lost Its Control of Large Areas in the South MUTINY IN SUDAN SEEN SPREADING. Impact: As Presidentβs talks were sent 'round the globe, it paved the way for political speeches to become global spectacles, leading to the endless loop of politicians trying to outdo each other. Thanks, technology!. Fact: Did you know that the Voice of America is like the loudest friend at a party, shouting to everyone about what the president had for breakfast? Itβs a bit much, really..
- Headline: President's Talk Is Sent 'Round Globe by 'Voice'.
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)