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 July 29, 1998
Full News Archive
- Headline: Monica Lewinsky Granted Transactional Immunity. Impact: Had Lewinsky remained silent, the internet might have developed a completely different culture, but instead, we got memes and endless conspiracy theories about blue dresses. You're welcome, internet!. Fact: Monica Lewinsky has since become a prominent anti-bullying activist. Turns out, being at the center of a scandal can lead to some unexpected career pivots..
- Headline: Los Angeles Goes Small Town in Courtship of Democrats. Impact: Los Angeles’ attempt to woo the Democrats set a precedent for cities everywhere to sweeten the deal with promises of sunshine and tacos. Who knew politics could be so delicious?. Fact: Los Angeles is known for its traffic, but it’s also home to some of the best burritos in the country. Priorities, people!.
- Headline: Children in Tow, Tourists Stream to Capitol to Mourn Its Guardians. Impact: The public mourning for the fallen officers catalyzed a renewed focus on police-community relations, proving that sometimes, tragedy can spark the necessary conversations—albeit far too late.. Fact: Mourning rituals can help communities heal, but they can also lead to awkward small talk with your neighbor at the coffee shop later. Tough balancing act!.
- Headline: THE G.M. SETTLEMENT: THE DIVISION -- At G.M., Can't They Get Along?; Lasting Improvement in Labor Relations Is Still Elusive. Impact: The GM settlement was a textbook case of how to tiptoe around labor disputes without actually changing anything. It's like a dance where no one knows the steps.. Fact: The UAW and GM have had a rocky relationship for decades—like an old couple that just can't seem to get it right, but refuses to get a divorce..
- Headline: Spacecraft, Once Missing, Is Found. Impact: Finding the SOHO spacecraft led to a resurgence in funding for space exploration, proving that sometimes losing something can lead to great discoveries—like that missing sock that turns into a whole new wardrobe.. Fact: The SOHO spacecraft was named the Solar and Heliospheric Observatory. That's a lot of syllables for a satellite that just wanted to chill and observe the sun..
- Headline: Waiter, Is There a Translator in the House?. Impact: The confusion over restaurant menus marked the beginning of a new era in dining, where people began to fear asking about ingredients more than they feared trying the food itself. It's culinary Russian roulette!. Fact: Dining out has become so complicated that soon, we might need a degree in linguistics just to understand what we’re ordering. Bon appétit!.
- Headline: Beach Closed In Rockaways As More Debris Washes Ashore. Impact: The closure of Rockaway Beach due to debris led to a new safety campaign that would shape public health policy for years to come. Who knew a beach could spark such a serious conversation?. Fact: The phrase 'beach day' might soon need a disclaimer, warning about potential hazards. Thanks, New York, for keeping us on our toes!.
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)