Breakthroughs and everyday innovations from the year.
HEADLINES ON May 20, 1996
Full News Archive
- Headline: Brooklyn Heights Subway Elevator Issues. Impact: The subway elevators' malfunction led to an underground revolution of stair climbers who formed a secret society called the 'Cone Warriors.' They eventually overthrew the elevator industry, leading to an era where every New Yorker has quads of steel.. Fact: Elevators in NYC are like the plot of a bad soap opera: lots of drama, very few happy endings..
- Headline: VOICES: FROM THE DESK OF;When Pennies Were Gold. Impact: The nostalgia for 'when pennies were gold' fueled a resurgence of retro currencies, leading to a bizarre trend where people started accepting old bottle caps as legal tender.. Fact: Nostalgia is just a fancy term for remembering that everything felt cooler when you were a kid, even if it was just a shiny penny..
- Headline: SOAPBOX;Where Creativity Is Cooking. Impact: The writers workshop at the soup kitchen became so popular that it inspired a new trend in gourmet dining, where chefs started serving dishes inspired by the gritty realities of life, leading to 'Grit Cuisine' restaurants opening all over.. Fact: A soup kitchen's writer's workshop sounds like the perfect setting for a heartwarming movie—just add a stray dog and a quirky elderly mentor..
Wall Street Time Machine
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1996, it would be worth $141,245 today (141.2x return)
AAPL
Apple
Apple - If you invested $1,000 in 1996, it would be worth $1,130,051 today (1130.1x return)