Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON December 18, 1958
Full News Archive
- Headline: Record Peak in Personal Income for November. Impact: When personal income peaked, it triggered an influx of 'I deserve that vacation' mentalities. This led to an annual rise in overpriced resorts and a generation of travel agents who would later become Instagram influencers.. Fact: In a surprising twist, the only thing that rose faster than personal income was people's expectations for avocado toast..
- Headline: House Committee Votes on Alford's Election Controversy. Impact: By delaying Alford's seating, the House inadvertently paved the way for future politicians to master the art of evasion, leading to an entire subgenre of political drama shows based on 'What Ifs' in Congress.. Fact: The House's 3-2 vote was the closest thing to a reality TV show before reality TV was even a thing..
- Headline: MAYOR TO CONFER ON PAPER STRIKE AS TALKS FALTER; Wagner to Meet Federal Mediators -- Guild Will Seek Pay for Lay-Offs. Impact: As the paper strike unfolded, it led to the invention of digital media, as newspapers realized that if they didn't adapt, they might end up like a floppy disk.. Fact: Itβs rumored that the guild's request for pay for lay-offs was the first instance of a union demanding 'just-in-time' benefits. Too bad they didn't get the memo on the gig economy..
- Headline: Eisenhower Urges G. O. P. To Avoid Split in Senate; He Aids Conservatives by Not Taking Sides on Leadership. Impact: Eisenhower's call for unity in the GOP sparked a long-standing tradition of political backroom deals, which have since become a form of American folk art.. Fact: Eisenhowerβs middle name was not actually βcompromise,β but youβd think it was given his knack for avoiding splits..
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)