MAY 16, 1978

TUESDAY
$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
Coming Home
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Coming Home
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
Pretty Baby
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Pretty Baby
Forbidden Erotica
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Forbidden Erotica
Space Force
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Space Force
Straight Time
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Straight Time
House Calls
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House Calls
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
The Fury
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The Fury
Mirrors
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Mirrors
Dr. Scorpion
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Dr. Scorpion
Almost Summer
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Almost Summer
The Evil
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The Evil
Malibu Beach
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Malibu Beach
Deathsport
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Deathsport
Jennifer
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Jennifer
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
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
May 16, 1978 Trivia
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Television On May 16, 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 16, 1978

On May 16, 1978, a significant development in blood donation practices emerged as the U.

Inventions & Breakthroughs of May 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 May 16, 1978

Full News Archive

  • Headline: Blood Donation Labeling Changes. Impact: In a twist of fate, this labeling system led to a future where blood donations became the hottest new currency. Forget cryptocurrency; blood is the new Bitcoin! Who knew? People started trading blood for concert tickets and avocado toast, launching a bizarre economy.. Fact: Did you know that before this labeling, donors were just lumped together? Imagine a blood bank going, 'Hey, you’re all basically the same!' Talk about a lack of individuality!.
  • Headline: Maine Mariners Capture Calder Cup Championship. Impact: The Maine Mariners winning the Calder Cup sparked a series of minor league teams across the nation to adopt the slogan, 'If you can't win in the big leagues, at least win in the minors!' This led to a surge in morale and an explosion of cheesy sports merchandise.. Fact: Did you know that the Calder Cup is named after Frank Calder, the NHL's first president? I guess someone thought, 'Hey, let’s name our championship trophy after a guy, because why not?'.
  • Headline: Senate Approves Historic Budget Compromise. Impact: This budget compromise set off a chain reaction of compromises that ultimately resulted in a national pastime: arguing over pennies. Who knew that trimming a budget would lead to decades of nitpicking and finger-pointing?. Fact: Did you know that this $498.8 billion budget was such a massive number that even the dollar bills were like, 'Whoa, we can't even count that high!'.
  • Headline: Sewer Project In Suffolk Poses A Fiscal Burden. Impact: The controversy over the sewer project not only endangered shellfish but also birthed a new reality TV show: 'Suffolk Sewage Showdown,' where local politicians battled it out in a mud pit of budgetary boondoggles. Because who doesn’t love a good fight over sewage?. Fact: Did you know that shellfish can actually survive in less-than-ideal conditions? If only our politicians could say the same!.
  • Headline: Gambling Board Gives a Go‐Ahead To Open First Atlantic City Casino. Impact: The opening of this casino transformed Atlantic City into a glitzy gambling mecca, leading to a national obsession with slot machines. Little did they know, this would eventually lead to reality shows about competitive gambling. Thanks, 21st century!. Fact: Did you know that the first casino in Atlantic City was a hotel? Talk about a bait-and-switch! 'Come for the luxury, stay for the losing streak!'.
  • Headline: GOVERNMENT PARTY IN ITALY MAKES GAIN IN LOCAL ELECTIONS. Impact: The gains made by the Christian Democratic Party after Aldo Moro's assassination triggered a trend of political reactions based on tragedies. This unfortunate pattern has continued, leading to the phrase, 'Let’s just hope nothing tragic happens next election!'. Fact: Did you know that Aldo Moro's assassination was so shocking that it led to a national debate on security? Because, you know, sometimes it takes a murder for people to realize, 'Hey, maybe we should be safer!'.
  • Headline: The Pressures and the Counterpressures. Impact: The lobbying wars ignited by this article inspired an entire generation of college students to pursue careers in lobbying, leading to a future where everyone is just trying to convince each other to buy ice cream for breakfast. Thanks a lot, lobbyists!. Fact: Did you know that lobbying is basically legalized begging? Just with fancier suits and way more PowerPoint presentations!.
  • Headline: BITTER DEBATE IS DUE ON LABOR‐LAW BILL. Impact: The bitter debates around this labor bill ignited a long-standing tradition of political bickering that continues to this day. Thanks to this, we now have entire TV networks dedicated to watching people argue about things nobody really understands.. Fact: Did you know that in politics, 'debate' is just a fancy word for 'I’m going to yell louder than you until I win!'?.
  • Headline: Conflict Comes as Surprise. Impact: The USSR’s rejection of backing Katangan forces sent shockwaves through international relations, leading to the phrase 'surprise!' becoming the favorite word of diplomats everywhere, forever altering the landscape of political surprises.. Fact: Did you know that during the Cold War, surprises often came with a side of nuclear tension? Because nothing says 'surprise!' like an arms race!.

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