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 March 6, 1998
Full News Archive
- Headline: The Controversial Legacy of Chu Shijian. Impact: Mr. Chu’s actions sparked a nationwide debate on the ethics of embezzlement, leading to the creation of the 'Hero or Villain?' national game show where contestants debate the morality of various public figures. Spoiler: no one wins.. Fact: Fun fact: In China, you can be both a hero and an embezzler. Just ask Mr. Chu, who is currently considering a career in politics!.
- Headline: Business Incubators Boost Long Island Economy. Impact: The establishment of these incubators led to an explosion of startups that ultimately resulted in Long Island becoming the Silicon Valley of the East Coast. Sadly, this also meant an influx of hipster coffee shops and overpriced avocado toast.. Fact: You know you're in a tech incubator when ‘getting a coffee’ involves a four-hour brainstorming session about the ethical implications of oat milk..
- Headline: Campaign Inquiry Stays Partisan to the End. Impact: This inquiry solidified the idea that politics is just a game of who's better at fundraising, paving the way for future politicians to choose TikTok dances over policies. Who needs legislation when you can go viral?. Fact: Did you know that after this report, the phrase 'eviscerated Federal fund-raising laws' became a popular tagline for pizza delivery ads?.
- Headline: Senate Is Lukewarm, but Some Seek Vote on Puerto Rico. Impact: The uncertainty surrounding Puerto Rico's status led to a series of heated debates that ultimately culminated in the creation of the 'Puerto Rican Pop Quiz' game show. Contestants must guess the current political status of Puerto Rico—spoiler: it's complicated.. Fact: Did you know that the only thing more confusing than Puerto Rico's status is trying to explain it to someone who thinks it’s just a tourist destination?.
- Headline: Metro Business; F.A.A. Picks Queens As Headquarters Site. Impact: The FAA's move to Queens resulted in a surprising rise in the borough's property values, leading to a hipster renaissance that turned the area into a 'must-visit' location for wannabe pilots and flight enthusiasts. Who knew bureaucratic offices could be so trendy?. Fact: Did you know that they considered moving the headquarters to Brooklyn, but the FAA was worried about the office being too 'artsy'?.
- Headline: Shades of Gray in an All-White Canvas. Impact: This play's success inspired a wave of minimalist art that led to a generation believing that painting a wall white is a valid artistic expression, sparking debates that would confuse even the most seasoned art critics.. Fact: Did you know that the all-white painting was almost titled 'Blank Canvas'? The critics assured the artist that it was too on the nose..
- Headline: Ardent Donor To Democrats Faces Charges. Impact: Johnny Chung’s legal troubles led to stricter campaign finance laws and a subsequent wave of political corruption documentaries, proving that crime does pay—at least in entertainment value.. Fact: Did you know that Johnny's story spawned a whole genre of films? They’re called 'Donor Dramas' and they’re not nearly as thrilling as they sound..
- Headline: Callaway Golf to Open Performance Center on Madison Ave.. Impact: The opening of this performance center led to a surge in golf's popularity among urbanites, turning Madison Avenue into a hotspot for golf-themed brunches, complete with putt-putt courses and endless mimosas. Who knew golf could be so bougie?. Fact: Did you know that the first performance center in NYC was actually a bar that served drinks in golf balls? They had to close it down after too many people tried to putt their drinks..
- Headline: Giuliani Fund-Raising Points To Running for Higher Office. Impact: Giuliani’s fundraising efforts paved the way for the rise of political campaigns fueled entirely by social media influencers, leading to the current state of politics where TikTok dances might decide the next president.. Fact: Did you know that Giuliani's favorite fundraising tactic was a bake sale—until he realized cookies don’t raise as much as political favors?.
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)