Breakthroughs and everyday innovations from the year.
HEADLINES ON August 27, 1994
Full News Archive
- Headline: Tragic Tourist Attack in Egypt. Impact: This tragic event sent shockwaves through the tourism industry, leading to increased security measures worldwide. Fast forward a few decades, and now tourists are practically padded in bubble wrap, all because one fateful day in Egypt made everyone paranoid about vacationing near anything remotely dangerous.. Fact: Did you know that the world could have seen a massive drop in tourism to Egypt if the pyramids had been made of bubble wrap instead? Turns out, a little extra padding might have saved a lot of headaches!.
- Headline: Effects of Credit on Auto Insurance Rates. Impact: This revelation about credit ratings and auto policies sparked a national outcry, leading to a slew of consumer protection laws. However, decades later, people still find ways to game the system, and insurance companies are now offering policies that come with a side of therapy for your anxiety over being denied coverage.. Fact: Did you know that having a poor credit rating can impact more than just your auto insurance? It can also affect your ability to rent a car, buy a house, or even get a date—because who wants to date someone with a credit score that looks like a bad horror movie plot?.
Wall Street Time Machine
ORCL
Oracle
Oracle - If you invested $1,000 in 1994, it would be worth $159,565 today (159.6x return)