JANUARY 7, 1978

SATURDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1978
WOULD HAVE MADE YOU $235,665 IN THE 2025 DATASET
Min_Wage_Hourly: $2.80
Median_Home_Price: $42,480.00
Gas_Price_Avg: $1.05
Bread_Price_Avg: $0.45
Movie_Ticket_Avg: $2.53
First_Class_Stamp: $0.13
Milk_Price_Avg: $1.97
Top Movies From 1978
1 Grease
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Grease
2 Superman
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Superman
3 National Lampoon's Animal House
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National Lampoon's Animal House
4 Every Which Way But Loose
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Every Which Way But Loose
5 Heaven Can Wait
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Heaven Can Wait
6 Hooper
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Hooper
7 Jaws 2
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Jaws 2
8 Revenge of the Pink Panther
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Revenge of the Pink Panther
9 The Deer Hunter
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The Deer Hunter
10 Halloween
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Halloween
Forbidden Erotica
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Forbidden Erotica
Coma
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Coma
The Foreigner
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The Foreigner
High Anxiety
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High Anxiety
The Gauntlet
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The Gauntlet
Close Encounters of the Third Kind
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Close Encounters of the Third Kind
Saturday Night Fever
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Saturday Night Fever
Killer of Sheep
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Killer of Sheep
January 7, 1978 Trivia
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Television On January 7, 1978
Columbo poster
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Columbo
Sesame Street poster
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Sesame Street
Saturday Night Live poster
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Saturday Night Live
Dallas poster
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Dallas
M*A*S*H poster
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M*A*S*H
The Love Boat poster
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The Love Boat
Barnaby Jones poster
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Barnaby Jones
Charlie's Angels poster
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Charlie's Angels
The Story of January 7, 1978

On January 7, 1978, a significant legal development emerged as the attorney representing baseball player Charlie Finley stated that a peace bid had been made, signaling the potential for resolution in ongoing disputes surrounding player contracts and team ownership issues.

Inventions & Breakthroughs of January 1978

Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.

1 Global Positioning System Satellites
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Global Positioning System Satellites
2 Word Processing Software (WordStar)
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Word Processing Software (WordStar)
3 Digital Telephone Answering Machine
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Digital Telephone Answering Machine
4 Medical Imaging PACS Concept
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Medical Imaging PACS Concept
5 Electronic Spreadsheet (VisiCalc)
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Electronic Spreadsheet (VisiCalc)
6 Computer Animation Software
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Computer Animation Software
7 Automated Warehouse Robotics
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Automated Warehouse Robotics
8 Digital Signal Processor Chip
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Digital Signal Processor Chip
9 Video Game Console (Atari 2600)
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Video Game Console (Atari 2600)
10 Space Probe Voyager Instruments
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Space Probe Voyager Instruments

The Sounds of

Popular recordings and roots/country selections associated with the year

HEADLINES ON January 7, 1978

Full News Archive

  • Headline: Finley Rejects Kuhn's Peace Proposal. Impact: Finley's refusal to compromise led to a series of legal battles that would inspire future lawyers to believe they could also win cases based on sheer stubbornness, eventually giving rise to the phrase 'I’ll sue you if you don’t agree with me!'. Fact: Did you know that lawyers are like eagles? They both soar high, and they both have a knack for circling around a problem until they get what they want..
  • Headline: Effective Lobbying for Nuclear Opposition. Impact: The Union of Concerned Scientists’ lobbying efforts eventually led to the introduction of 'nuclear power awareness week', which, ironically, raised more awareness about how concerned citizens were about nuclear power than the power itself.. Fact: Did you know that lobbying is like fishing? The more bait you throw out, the more likely you are to catch something — usually a lot of angry fish..
  • Headline: Ali: ‘I'll Fight for $12 Million’. Impact: Muhammad Ali's demand for $12 million sparked a trend of athletes asking for ridiculous sums, which in turn led to the rise of social media influencers boasting about their outrageous sponsorships, effectively turning the art of negotiation into a circus.. Fact: Did you know that Ali once turned down a million-dollar endorsement because he didn't want to be seen promoting something he didn't believe in? Talk about a principled fighter!.
  • Headline: Renaissance Sounds Become Music to Their Ears. Impact: Newe Jewell’s performances at a high school led to a renaissance of sorts in arts funding, causing future generations to believe that if you just throw enough money at kids with instruments, magic will happen — spoiler alert: it doesn't always.. Fact: Did you know that the real reason musicians are often broke is because they spend all their money on instruments? It’s like a never-ending cycle of 'buy high, play low.'.
  • Headline: Raise the Ceilings. Impact: Richard P. Cooley's call for help in the housing industry led to countless homebuyer seminars that turned into awkward first dates for many. Now, the phrase 'let's talk about financing' sends shivers down the spines of young couples everywhere.. Fact: Did you know that the housing market is like a roller coaster? You scream a lot, you feel nauseous, and you hope you don't lose your lunch — or your house..
  • Headline: 2 Sisters Asphyxiated in Yonkers. Impact: The tragic asphyxiation of the sisters in Yonkers spurred a wave of safety regulations that led to the invention of the world's first 'Propane Detector.' This device later inspired a line of scented candles that helped people remember to check their gas before lighting up.. Fact: Did you know that propane is often referred to as the 'silent killer'? Kind of like that guy who always sneaks up behind you at parties and scares the life out of you!.
  • Headline: Michael Carney, Singer and Pianist, WithTrio at Carlyle. Impact: Michael Carney's performance at Cafe Carlyle became the launchpad for a wave of piano bar singers who would later influence the rise of karaoke, forever changing the way we embarrass ourselves in public.. Fact: Did you know that singing in a piano bar is like therapy? Only you pay to make a fool of yourself instead of getting actual help..
  • Headline: Sports News Briefs. Impact: Don James' surprisingly lucrative contract set a new standard for college coaches, creating an avalanche of outrageous contracts that would eventually lead to the phrase 'the money is in the coaching!' becoming a mantra for aspiring coaches everywhere.. Fact: Did you know that college coaches are often paid more than the university president? It’s like having a glorified babysitter with a six-figure salary..
  • Headline: Justice Dept.Team Is Off for Seoul To: Begin Questioning Tongsun Park. Impact: The Justice Department's questioning of Tongsun Park became a blueprint for future high-profile investigations, leading to the creation of the phrase 'you've been served!' which is now synonymous with awkward encounters at the DMV.. Fact: Did you know that being questioned by the Justice Department is like being on a reality TV show? You never know what will happen next, but you can bet it’ll be dramatic!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1978, here's what the stored 2025 dataset estimates.
Rank #1
WMT
Walmart
Price in 1978
$0.01
2025 dataset value
$7,945,492

Walmart - If you invested $1,000 in 1978, it would be worth $7,945,492 today (7945.5x return)

Rank #2
INTC
Intel
Price in 1978
$0.18
2025 dataset value
$199,890

Intel - If you invested $1,000 in 1978, it would be worth $199,890 today (199.9x return)

Rank #3
JNJ
Johnson & Johnson
Price in 1978
$0.49
2025 dataset value
$423,037

Johnson & Johnson - If you invested $1,000 in 1978, it would be worth $423,037 today (423.0x return)

🦸 Top 5 Comics
X-Men #111
X-Men #111
$75
Action Comics #484
Action Comics #484
$15
Daredevil #158
Daredevil #158
$75
Superman #233
Superman #233
$250
Peter Parker, The Spectacular Spider-Man #27
Peter Parker, The Spectacular Spider-Man #27
$30
🧸 Top 5 Toys
Star Wars Action Figures
Star Wars Action Figures
$300.00
Simon
Simon
$500.00
Lego Space Sets
Lego Space Sets
$350.00
Speak & Spell
Speak & Spell
$150.00
Hot Wheels
Hot Wheels
$30.00
🎮 Top 5 Video Games
Space Invaders
Space Invaders
$13,800
Adventureland
Adventureland
Unknown
Avalanche
Avalanche
$60.00
Astro Battle
Astro Battle
$200.00
Sky Diver
Sky Diver
$12.34
⚾ Top 5 Trading Cards
Wayne Gretzky Rookie Card
Wayne Gretzky Rookie Card
$4,000,000
Kenner Star Wars Series 1
Kenner Star Wars Series 1
$70.00
Topps Baseball 1978 Eddie Murray Rookie Card
Topps Baseball 1978 Eddie Murray Rookie Card
$3,000
Futera Muhammad Ali 1978
Futera Muhammad Ali 1978
$1,500
Topps Football 1978 Tony Dorsett Rookie Card
Topps Football 1978 Tony Dorsett Rookie Card
$20,000