Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON June 8, 1983
Full News Archive
- Headline: Shared Responsibility in Murder Cases. Impact: The court ruling on shared responsibility for murder opened a Pandora's box of liability. Fast forward a few decades, and now you can be sued for merely being in the vicinity of a bad decision. Say goodbye to innocent bystanders; they could cost you a fortune!. Fact: Did you know that this ruling sparked a nationwide trend of people hiring 'murder liability' insurance? Yeah, because that's exactly what we need—more policies for our questionable life choices!.
- Headline: Federal Reserve's Credit Markets Tightening. Impact: The tightening of credit markets by the Fed led to a peculiar chain reaction where people started hoarding cash like it was the last slice of pizza at a party. This behavior then spiraled into a global obsession with mattress stuffing, resulting in a temporary shortage of cushioning in the furniture industry.. Fact: Did you know that 'tightening credit' isn't just a financial term? It's also what my waistline feels like after the holidays, and let me tell you, it's not pretty..
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1983, it would be worth $784,047 today (784.0x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1983, it would be worth $188,194 today (188.2x return)