MAY 8, 1978

MONDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1978
WOULD HAVE MADE YOU $235,665 IN 2025
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 By May 8, 1978
1 Coming Home
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Coming Home
2 House Calls
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House Calls
3 Pretty Baby
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Pretty Baby
4 The Fury
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The Fury
5 Straight Time
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Straight Time
6 Malibu Beach
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Malibu Beach
7 The Evil
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The Evil
8 Star Wars: Episode IV - A New Hope
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Star Wars: Episode IV - A New Hope
9 Close Encounters of the Third Kind
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Close Encounters of the Third Kind
10 Saturday Night Fever
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Saturday Night Fever
Blue Collar
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Blue Collar
Coach
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Coach
Record City
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Record City
Special Olympics
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Special Olympics
Forbidden Erotica
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Forbidden Erotica
Space Force
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Space Force
Rabbit Test
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Rabbit Test
The Betsy
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The Betsy
Coma
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Coma
The Foreigner
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The Foreigner
Mirrors
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Mirrors
Dr. Scorpion
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Dr. Scorpion
Almost Summer
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Almost Summer
Deathsport
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Deathsport
The Manitou
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The Manitou
Carroña
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Carroña
Superdome
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Superdome
A Night Full of Rain
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A Night Full of Rain
Laserblast
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Laserblast
High Anxiety
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High Anxiety
The Gauntlet
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The Gauntlet
Killer of Sheep
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Killer of Sheep
May 8, 1978 Trivia
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Television On May 8, 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 May 8, 1978

On May 8, 1978, three major American cities prepared for crucial mayoral elections, a significant event as local governance played an essential role in shaping community policies and addressing pressing urban issues.

🧠 Inventions of 1978

Breakthroughs and everyday innovations from the year.

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

The biggest hits of the year — Top 10 Pop & Country chart toppers

HEADLINES ON May 8, 1978

Full News Archive

  • Headline: 3 Cities to Choose Mayors Tomorrow. Impact: The fierce competition among mayoral candidates led to an unexpected increase in political ads, which eventually evolved into the modern campaign smear strategy. Nothing says 'vote for me' like a good ol' mud-slinging!. Fact: Did you know that the first political campaign ad was simply a painting of the candidate looking serious? Ah, simpler times!.
  • Headline: Effort by Policemen's Union to Sell Ads To New York Merchants Fought in Court. Impact: The court battle to stop ad sales by the Policemen's Union inspired a new genre of 'protest art'—because nothing says 'I care' like a poster of a cop holding a donut with the slogan: 'Don't let us get too commercial!'. Fact: Fun fact: The 'souvenir journal' concept was later adopted by every high school that ever had a prom!.
  • Headline: Landmark. Ho!. Impact: The Supreme Court’s decision not only protected journalistic integrity but also set the stage for the rise of sensationalist journalism, where every headline needed to be more outrageous than the last. Thank you, Landmark!. Fact: Fun fact: This case helped create the phrase 'no news is good news'—because if it’s not scandalous, who cares?.
  • Headline: Cable TV: Optimistic But Unsure of Way. Impact: The optimism in the cable TV industry led to a never-ending influx of channels, creating an era when people could spend hours searching for something to watch—only to end up rewatching 'Friends' for the hundredth time. Thanks, cable!. Fact: Did you know that at one point there were more cable channels than viewers? Talk about a niche market!.
  • Headline: MAIL VOLUME INCREASES, HELPING TO REDUCE DEFICIT. Impact: The increase in mail volume during this period eventually led to the birth of online shopping, because who doesn't love receiving packages instead of bills? Thanks, postal service!. Fact: Fun fact: The postal service once had a campaign that encouraged sending love letters. Now we just send memes!.
  • Headline: Federal Agency Praises Cleanup Of Once ‘Stinking’ Meadowlands. Impact: The EPA's cleanup efforts not only restored the Meadowlands but also inspired a wave of eco-friendly initiatives across the country, proving that sometimes it takes a stinky mess to create a greener future.. Fact: Did you know that the Meadowlands were once so polluted that you could practically smell the regret of past generations? Talk about a comeback story!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1978, here's what it would be worth in 2025.
Rank #1
WMT
Walmart
Price in 1978
$0.01
Value in 2025
$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
Value in 2025
$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
Value in 2025
$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