MAY 30, 1975

Full News Archive

• Headline: Brokerage Fee War Intensifies. Impact: This rate war among brokers led to an unexpected explosion of DIY stock trading apps. Who knew that a 60% fee reduction would result in millions of people deciding they could outperform hedge fund managers from their living rooms? Thanks, stockbrokers, for creating a generation of 'investors' who think they can become the next Wolf of Wall Street after a single YouTube tutorial.. Fact: The term 'broker' comes from the Old French word 'broceur', which means 'small trader.' So, if you're angry about those fees, remember that your broker is basically a glorified flea market seller..
• Headline: A New Economic Order. Impact: Kissinger's economic policies rippled through time, leading to a perpetual cycle of political debates over the role of government in the economy. Spoiler: it never gets resolved and just leads to more speeches and less action.. Fact: Kissinger's full name is Henry Alfred Kissinger, but who needs a full name when you can just be known as the guy who played chess with world leaders?.
• Headline: Met's Tour of Japan Gets a Fine Start. Impact: The Met Opera's enthusiastic reception in Japan paved the way for future cultural exchanges. If only we could get them to send us more of their cuisine instead of just opera singers.. Fact: The Met Opera is so influential that it’s believed a single performance can change the course of a life. Or at least make you reconsider your choice of career..
• Headline: ‘Magic Show’ Star Turns Party Into an Outdoor Treat for 250. Impact: Doug Henning's outdoor magic show brought joy to 250 people, which likely led to an increase in magic-themed birthday parties. Thanks to him, we now have a generation of kids who think pulling a rabbit out of a hat is the pinnacle of entertainment.. Fact: Doug Henning was a pioneer in the world of magic on stage, but let’s be honest, he probably just made everyone forget their problems for a while. A true magician indeed!.