DECEMBER 7, 1978

THURSDAY
$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
Foul Play
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Foul Play
Coach
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Coach
Record City
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Record City
Paradise Alley
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Paradise Alley
A Wedding
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A Wedding
Special Olympics
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Special Olympics
French Quarter
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French Quarter
The Lord of the Rings
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The Lord of the Rings
The Swarm
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The Swarm
Pretty Baby
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Pretty Baby
The Pirate
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The Pirate
Forbidden Erotica
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Forbidden Erotica
Space Force
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Space Force
Straight Time
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Straight Time
Stunt Rock
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Stunt Rock
The Bastard
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The Bastard
Goin' South
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Goin' South
The Squeeze
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The Squeeze
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 Norseman
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The Norseman
The Fury
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The Fury
The Suicide
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The Suicide
Mirrors
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Mirrors
Getting Married
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Getting Married
Dear Jimmy
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Dear Jimmy
Dr. Scorpion
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Dr. Scorpion
Almost Summer
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Almost Summer
Escapade
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Escapade
The Evil
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The Evil
Vampire Hookers
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Vampire Hookers
Malibu Beach
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Malibu Beach
Deathsport
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Deathsport
Jennifer
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Jennifer
Night Creature
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Night Creature
Born Again
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Born Again
Animal House
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Animal House
Northern Lights
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Northern Lights
The Bees
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The Bees
Girlfriends
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Girlfriends
Stony Island
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Stony Island
Midnight Express
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Midnight Express
The Mongreloid
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The Mongreloid
High-Ballin'
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High-Ballin'
The Manitou
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The Manitou
Carroña
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Carroña
Skin Deep
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Skin Deep
Matilda
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Matilda
Fairy Tales
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Fairy Tales
Newsfront
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Newsfront
Superdome
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Superdome
The Playbirds
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The Playbirds
Deathmoon
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Deathmoon
A Night Full of Rain
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A Night Full of Rain
Stevie
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Stevie
Laserblast
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Laserblast
The Seniors
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The Seniors
Day of the Woman
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Day of the Woman
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
December 7, 1978 Trivia
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Television On December 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 December 7, 1978

On December 7, 1978, the federal trial on the Fire case was upheld, signaling a significant judicial decision that would impact legal standards and public safety in the United States.

Inventions & Breakthroughs of December 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 December 7, 1978

Full News Archive

  • Headline: Trial on Beverly Hills Supper Club Fire. Impact: The Beverly Hills Supper Club fire trial is upheld, leading to a series of legal precedents that ultimately inspire future courtroom dramas, but also inadvertently lead to a rise in popcorn sales during trials. Who knew courtroom tension could be so crunchy?. Fact: Did you know that courtroom dramas are now a staple of TV? They say art imitates life, but in this case, it’s more like 'life imitates a dramatic twist ending.'.
  • Headline: Spanish Constitution Sweeps Referendum Vote. Impact: The new Spanish Constitution marks the end of the Franco era, which leads to a cultural renaissance in Spain. This, of course, inspires a series of ill-fated tapas bars across the globe, proving that democracy often comes with a side of calamari.. Fact: Fun fact: The abstention rate was so high that it became a trend; people didn't just abstain from voting, they also abstained from making decisions about what to have for dinner!.
  • Headline: Justice Department May Modify Its Stand on Veteran Preferences. Impact: The Justice Department's hints at modifying veteran preferences leads to a nationwide debate about what it means to serve, ultimately resulting in a new reality show called 'Who Served It Better?'. Fact: Fun fact: This whole situation could have been avoided if everyone just played a good game of 'Rock, Paper, Scissors' instead of stirring the pot..
  • Headline: Bank Data Subpoenaed by U.S. In Search for Guyana Cult Funds. Impact: The subpoenas for bank records in the U.S. linked to the People's Temple spark a nationwide interest in cult documentaries, leading to an explosion of conspiracy theories and a rise in tinfoil hat sales.. Fact: Did you know that the IRS is basically the world’s most boring detective? They’re just really good at finding cults and tax evaders, but terrible at solving mysteries in a fun way..
  • Headline: HARRISON G. HULL JR.. Impact: Harrison G. Hull Jr.'s brief mention incites a wave of research into obscure historical figures, ultimately leading to a trending hashtag: #HullWasHere, which is ironically not about him but rather a popular meme about fish.. Fact: Did you know that being mentioned in the news can make you a minor celebrity? Just ask all those people who were in the background of viral videos!.
  • Headline: Lucile Koshland, at 80; Long in Voters' League. Impact: Lucile Koshland’s legacy in the Voters' League inspires generations of future activists, leading to an explosion of grassroots movements powered by social media, because nothing says 'change' like a well-filtered Instagram post.. Fact: Did you know that joining a voters' league is basically the original form of social networking? Only instead of likes, you just got a lot of flyers!.
  • Headline: Board of Education Prepares To Close Underused Schools. Impact: The Board of Education's decision to close underused schools sends shockwaves through communities, ultimately leading to a nationwide movement to repurpose closed schools as trendy coffee shops—because who needs education when you have lattes?. Fact: Fun fact: The only thing more expensive than a college education is the artisanal coffee served in those trendy repurposed classrooms!.

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