Breakthroughs and everyday innovations from the year.
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The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON December 24, 1982
Full News Archive
- Headline: Record Drop in Money Market Funds. Impact: This massive decline in money market mutual funds led to the creation of the 'Panic Investment Club', where people gathered to dramatically discuss their financial woes over overpriced avocado toast. It was the start of a trend where financial discussions became more about brunch than actual finances, paving the way for today's influencer culture.. Fact: In 1994, the average American spent more on coffee than on investing. Clearly, priorities have always been skewed..
- Headline: Kim Dae Jung's Release and U.S. Arrival. Impact: Kim Dae Jung's release sparked a domino effect that eventually led to the establishment of numerous human rights organizations worldwide. Ironically, his freedom made him a global advocate, resulting in many world leaders awkwardly trying to remember his name when discussing democracy.. Fact: Kim Dae Jung went on to win the Nobel Peace Prize in 2000, proving that sometimes, being locked up can really boost your PR..
Wall Street Time Machine
INTC
Intel
Intel - If you invested $1,000 in 1982, it would be worth $274,575 today (274.6x return)
WMT
Walmart
Walmart - If you invested $1,000 in 1982, it would be worth $1,791,511 today (1791.5x return)