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 January 17, 1958
Full News Archive
- Headline: Pearson Elected Liberal Party Leader. Impact: Pearson's victory is like that one butterfly flapping its wings that eventually leads to Canada becoming the world's leading producer of maple syrup. Yes, maple syrup diplomacy was born here.. Fact: Did you know that Pearson's first act as leader was to promise free health care? Because nothing says 'I care' like a political promise nobody can keep!.
- Headline: Discoveries from the International Geophysical Year. Impact: The IGY's discoveries set off a chain reaction that led to the development of eco-friendly straws. Yes, every time someone sips a smoothie, they should thank cosmic rays.. Fact: Did you know that 'IGY' stands for 'International Geophysical Year'? Because nothing screams excitement like a year dedicated to geophysics!.
- Headline: West Germany Lowers Bank Rate to 3.5%. Impact: West Germany's bank rate cut triggered a global race to the bottom in interest rates, eventually leading to the current state of adulting where saving money is just a myth.. Fact: Did you know that a 0.5% cut doesn't exactly make your savings account flourish? But hey, at least your bank will thank you for letting them keep your money!.
- Headline: RUSSELL DISAVOWS WHITE COUNCIL LINK. Impact: Russell disavowing the White Council links was like a politician saying, 'I'm not really into that whole racism thing.' It sparked a world-wide movement of politicians pretending to care about civil rights.. Fact: Did you know that the Seaboard White Citizens Councils were one of those organizations that made 'segregation' sound like a trendy lifestyle choice? Spoiler: it wasn't..
- Headline: MAYOR ON 30TH ST. PLAN; He Says He and Jack Are Not Committed to Route. Impact: Mayor Wagner's indecision about the expressway led to years of traffic jams, ultimately giving birth to the term 'New York minute' which ironically, is just as slow as a New York hour.. Fact: Did you know that prioritizing expressways over public transport is a time-honored tradition in urban planning? Just ask any traffic jam in the last fifty years!.
- Headline: BILL FILED TO TAX COPPER IMPORTS; Bipartisan Group Submits Proposal in Both Houses for Protective Levy 4 CENTS A POUND ASKED ' Peril Point' of 30 Cents Set, 5 Cents Above the Market Now -- Mine Plight Cited. Impact: The copper import tax was the butterfly that flapped its wings causing global copper prices to soar, which eventually led to the great 'DIY Home Renovation' craze and some very questionable decor choices.. Fact: Did you know that copper is often praised for its 'antimicrobial properties'? So, while you're renovating your home, at least you won't be spreading germsβjust bad taste!.
- Headline: STATE IS UPHELD ON HOUSING BIAS; Apartment in New Rochelle Must Rent to a Negro -Court Cites 1956 Law.. Impact: The court's ruling on housing bias was a small step for justice but a giant leap for awkward conversations in the real estate market. Who knew that renting an apartment could be so revolutionary?. Fact: Did you know that the '56 law was a major win for civil rights? Ironically, it also made landlords reconsider their life choicesβlike, 'Do I really want to be a landlord?'.
- Headline: ' Carmelites' Sung in London. Impact: 'Dialogues of the Carmelites' being sung in London caused a ripple effect that eventually led to everyone pretending to understand opera while actually just sipping wine and nodding.. Fact: Did you know that opera is just like a soap opera, but with better singing and fewer commercial breaks? You're welcome!.
- Headline: E. G. ROBINSON REWEDS; Actor and Jane Adler, Dress Designer, Marry in Virginia. Impact: E. G. Robinson's re-marriage led to a historical trend of celebrities tying the knot multiple times, eventually leading us to today's reality TV stars with more marriages than seasons.. Fact: Did you know that E. G. Robinson was a notorious tough guy on screen? So, marrying a dress designer was probably his way of softening his imageβbecause nothing says 'I'm tough' like a well-tailored suit!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1958, it would be worth $3,433,942 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1958, it would be worth $586,656 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1958, it would be worth $23,651,359 today (23651.4x return)