Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON August 15, 1998
Full News Archive
- Headline: Rev Kay Ward Elected Moravian Bishop. Impact: Rev Kay Ward's election as bishop sent shockwaves through the religious community, paving the way for future female leaders and causing a series of 'Wait, women can do that?' moments in churches worldwide.. Fact: It's almost as if women have been capable of leadership all along! Who would have thought?.
- Headline: About New York; A Salesman Who Paid Attention. Impact: Zara Grauer's tragic passing led his friends to rethink their life choices, resulting in a massive increase in motivational seminars for salesmen in New York. Spoiler: they didn’t work.. Fact: Salesmen are known for their persistence, but sometimes, even they can't sell themselves on living forever..
- Headline: Balloon Nears Halfway Point on Global Flight. Impact: Steve Fossett's balloon flight inspired a generation of adventure seekers, leading to an uptick in people attempting to recreate his journey with increasingly ridiculous methods, including hot air balloon yoga.. Fact: Ballooning is the only sport where your biggest competitor is the weather... and gravity, of course..
- Headline: The People, Just Wanting It All to Be Over. Impact: The public's indifference to President Clinton's scandal eventually led to the rise of reality TV, where people could watch train-wreck drama unfold without having to read about it in the news.. Fact: It's funny how people just want things to go away, yet they can't stop clicking on the latest gossip articles. Talk about mixed signals!.
- Headline: Robert M. Luby, 88, Founder Of Regional Cafeteria Chain. Impact: Robert M. Luby's death marked the end of an era for regional cafeterias, leading to the rise of hipster brunch spots that serve artisanal toast at prices that could fund a small country.. Fact: Cafeterias were the original buffet of dreams until someone decided that overpriced avocado toast was the future..
- Headline: Coors Offers Severance. Impact: Coors' severance offers led to an unexpected trend of breweries cutting costs, ultimately resulting in the rise of craft breweries run by hipsters who had never even tasted beer until college.. Fact: Did you know that for every severance package, a new craft beer is born? It's basically the circle of life, but with more hops..
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)