Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON February 24, 1998
Full News Archive
- Headline: Clinton's Poll Ratings Amid Scandal. Impact: Thanks to this whole intern debacle, future presidents will forever be haunted by the notion that keeping interns around could lead to scandal. Who knew a simple affair could inspire a whole generation of interns to become whistleblowers instead of just serving coffee?. Fact: Did you know that this scandal led to a whole new career path? Many interns now aspire to be ‘future presidents’ instead of just ‘future coffee makers’..
- Headline: Oil Prices Plummet After Iraq Accord. Impact: This agreement caused a ripple effect leading to an era of fluctuating oil prices that would confuse economists for decades. Who would have thought that a peace deal could bring about a gas price rollercoaster? Buckle up!. Fact: Fun fact: When oil prices drop, so does the number of people who can afford to fill their tanks, which in turn drops the number of road trip selfies on Instagram. Coincidence? I think not!.
- Headline: TransCanada Power's Strategic Expansion. Impact: TransCanada's big purchase sparked an unexpected boom in Canadian power, leading to the rise of maple syrup-powered energy solutions. Okay, I might have made that last part up, but wouldn't that have been cool?. Fact: Did you know that Ontario is known for its power plants? You could say it really knows how to ‘charge’ ahead!.
- Headline: U.S. Seeks Solution for Byproduct of Uranium. Impact: The Energy Department's struggle with uranium waste opened the Pandora's box of nuclear disposal issues that would haunt them for decades. Let's just say, if you thought your trash was bad, try storing radioactive leftovers!. Fact: Did you know that uranium hexafluoride is so toxic that it makes your average compost heap look like a picnic? Just a friendly reminder to recycle responsibly!.
- Headline: NASA Must Reignite Research, Panel Says. Impact: NASA's call to action inspired a new generation of space enthusiasts who, thanks to this moment, would later create the first crowd-funded mission to Mars. Spoiler alert: They forgot to pack the snacks.. Fact: Did you know that NASA stands for 'Not Actually Sending Astronauts'? Just kidding! But hey, sometimes it feels that way, doesn't it?.
- Headline: A Testy Hussein Deputy and a Candid U.N. Chief Fence With the Press. Impact: This press conference birthed a new era of diplomatic press briefings, where testy officials learned to deflect questions with the grace of a ballet dancer. The art of dodging became a global phenomenon!. Fact: Did you know that Tariq Aziz's testiness was so legendary that it inspired a series of memes long before the internet was even a thing? Talk about prescience!.
- Headline: Europeans Offer Praise For Accord With Iraq. Impact: This praise from European allies not only solidified the accord's success but also led to a series of brunch meetings where leaders discussed pastries instead of weapons. Who knew diplomacy could be so delicious?. Fact: Did you know that Jacques Chirac's favorite pastry is the croissant? That's right, folks, international relations were fueled by butter and flour!.
- Headline: REIT to Buy 3 Hotels. Impact: Equity Inns' hotel buys sparked a wave of hotel-themed reality shows, where contestants compete to win the title of 'Ultimate Hotelier'. Who knew real estate could be so entertaining?. Fact: Did you know that hotel acquisitions are often accompanied by a side of drama? Just think of it as 'The Real Housewives of Hospitality'..
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1998, it would be worth $2,234,025 today (2234.0x return)
AMZN
Amazon
Amazon - If you invested $1,000 in 1998, it would be worth $914,661 today (914.7x return)