Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON July 3, 1978
Full News Archive
- Headline: Israel, Egypt, and U.S. Set for Talks. Impact: This parley eventually leads to a series of peace talks, which somehow results in a reality show about Middle Eastern peace negotiations. Spoiler alert: it doesn't end well.. Fact: Did you know that the last time Israel and Egypt had a parley, they ended up with a peace treaty? Who knew talking could actually work?.
- Headline: Bulgaria and Britain Dominate Henley Regatta. Impact: This intense rowing competition ignited a fierce rivalry that led to Bulgaria and Britain forming their own secret rowing league, complete with capes and dramatic music.. Fact: Did you know that rowing is the only sport where you can go backwards and still win? Just like my last relationship..
- Headline: Memphis Firefighters' Strike Causes Major Fires. Impact: The chaos from the strike leads to the invention of the first fireproof marshmallow, which sparks a new culinary craze. Because who doesn’t want to toast a marshmallow that won’t catch fire?. Fact: Firefighters are often the unsung heroes of society, but when they strike, you realize just how much you take those unsung heroes for granted—like the guy who invented the iPhone..
- Headline: Market Place. Impact: The decline in Husky share price prompts an entire generation of investors to start investing in beanie babies instead. Because plush toys are obviously a safer bet.. Fact: Did you know that 'Husky' is not just a dog breed? It’s also what I’m calling my bank account after reading this headline..
- Headline: NEED TO TAP HUDSON FOR WATER DISPUTED. Impact: The debate over the Hudson River water leads to a bizarre reality TV show where contestants must survive on dwindling water supplies, resulting in a new craze for survivalist-themed reality shows.. Fact: Did you know that New York City’s water system is so intricate that it could probably supply water to Mars? Okay, not really, but it’s impressive nonetheless..
- Headline: Outdoors. Impact: This article inspires a wave of urban wildlife enthusiasts, leading to the creation of a Central Park nature documentary that mistakenly features pigeons as exotic wildlife.. Fact: Did you know that Central Park is home to more than just squirrels? It also has a thriving population of tourists trying to feed said squirrels..
- Headline: U.S. Economists Study Japan Surplus. Impact: The economists' findings lead to a bizarre partnership between American and Japanese economists, resulting in the first-ever international 'Economics Olympics'—with no actual sports, just lots of spreadsheets.. Fact: Did you know that the balance of payments surplus is not a fancy way of saying 'money in the bank'? Because if it were, I’d be a financial guru..
- Headline: The Peril of Delay in School Financing. Impact: The decision leads to a massive education reform movement that inspires a generation of students to demand better funding, eventually culminating in a nationwide 'Pencil Revolution.'. Fact: Did you know that underfunded schools often lead to students being more creative? Yeah, necessity can be the mother of invention—or at least the mother of very interesting excuses..
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1978, it would be worth $7,945,492 today (7945.5x return)
INTC
Intel
Intel - If you invested $1,000 in 1978, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1978, it would be worth $423,037 today (423.0x return)