Breakthroughs and everyday innovations from the year.
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The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON June 28, 1974
Full News Archive
- Headline: Corporation Indicted for Tax Fraud Scheme. Impact: This fraudulent tax reduction scheme led to an entire generation of New Yorkers being convinced that real estate moguls were actually magicians, pulling financial rabbits out of hats. The illusion persists, as many still believe their rent will magically decrease without any physical evidence.. Fact: It's funny how a building can stand tall while its owner's ethics are as low as the basement. Welcome to Manhattan!.
- Headline: Haldeman Requests Reporters as Witnesses. Impact: Haldeman's quest to drag journalists into his legal woes sparked a chain reaction leading to the modern concept of 'fake news'—where every leak could be a conspiracy and every journalist, a potential witness in a political circus.. Fact: It's ironic how the Watergate scandal turned into a leak fest, while Haldeman was busy trying to plug the holes. Spoiler alert: leaks are hard to stop..
- Headline: NYC Ballet's Enchanting Dream Performance. Impact: The revitalization of ballet in NYC triggered a cultural renaissance that led to endless coffee shop debates on whether a pirouette is superior to a trend-setting TikTok dance. Spoiler: it's not.. Fact: Ballet: the only art form where you can literally spin in circles and still be praised for it. Take notes, modern artists!.
- Headline: NUCLEAR MEASURE GAINING IN SENATE. Impact: This nuclear measure paved the way for a future where energy debates are less about safety and more about which celebrity can promote the next big energy drink. Thanks, Senate!. Fact: Nuclear energy: because who doesn't love a little danger with their electricity? Just don’t look too closely at the details..
- Headline: ‘Plumbers’ Jury Sworn In; Ehrlichman Denied Notes. Impact: The swearing in of the jurors in the 'Plumbers' case became a template for future political trials, where juries are now as entertaining as reality TV, with more drama and less actual plumbing.. Fact: Being a juror in a political trial is like being on a game show where the prize is your sanity. Good luck!.
- Headline: Books of The Times. Impact: The publication of Eisenhower's biography contributed to the ongoing fascination with presidential legacies, giving rise to an industry of ghostwriters and historians who could spin any narrative into a bestseller.. Fact: Eisenhower: the man who made history, one golf game at a time. Just think of all the other presidents who missed out on that strategy!.
Wall Street Time Machine
CVX
Chevron
Chevron - If you invested $1,000 in 1974, it would be worth $222,233 today (222.2x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1974, it would be worth $2,553,677 today (2553.7x return)
BA
Boeing
Boeing - If you invested $1,000 in 1974, it would be worth $1,592,290 today (1592.3x return)