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 31, 1993
Full News Archive
- Headline: Wyndham Condominiums Auction Dilemma. Impact: The auction of failed condominiums led to a chain reaction of bad real estate investments throughout the '90s. Investors started thinking, 'If I can't sell it, maybe I can just keep it!' This spawned a generation of DIY home improvement shows showcasing how to live in a disaster zone.. Fact: Did you know that the phrase 'Location, location, location' really means 'Run, run, run' when it comes to foreclosures? At least the auctioneer got some fresh air!.
- Headline: Israel and Vatican Establish Diplomatic Relations. Impact: The Vatican and Israel's pact set off a series of diplomatic relations that had everyone from global superpowers to local coffee shops feeling the need to shake hands. Soon, even your mailman started getting friendly with the neighbors.. Fact: Fun fact: The Vatican is the only country that can fit inside a coffee shop and still have room for a confessional. Talk about small spaces!.
Wall Street Time Machine
ORCL
Oracle
Oracle - If you invested $1,000 in 1993, it would be worth $317,737 today (317.7x return)