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 November 7, 1998
Full News Archive
- Headline: N.B.A. Rift Divides Fans and Players. Impact: The fallout from this rift made fans reconsider their priorities, leading to the unexpected trend of people taking up knitting instead of watching basketball. Who knew that purling could replace slam dunks?. Fact: The phrase 'game of greed' was coined during this era, but it didn’t take long for fans to realize that their wallets were in the same boat—just as empty as their hope for a fair season..
- Headline: Sports of The Times; A Far Cry From the Fun Of the Derby. Impact: Rhoden's comparison of the two events led to a bizarre rivalry between horse racing fans and 'Cup' aficionados, culminating in a 'race' to see who could come up with the most extravagant hat for the next event.. Fact: The Breeders' Cup is like the Derby's slightly less glamorous cousin—still fun, but everyone secretly wonders why they didn’t just go to the Derby instead..
- Headline: U. of Washington Will End Race-Conscious Admissions. Impact: This decision sparked nationwide debates about affirmative action, leading to a series of protests and discussions that would ultimately make college admissions even more complicated than deciphering a tax code.. Fact: The end of race-conscious admissions was like turning off a light switch in a room full of cats—everyone was confused, and chaos ensued, but the cats just kept knocking things off the shelves..
- Headline: FACING A REVOLT, GINGRICH WON'T RUN FOR SPEAKER AND WILL QUIT CONGRESS. Impact: Gingrich's exit from Congress left a power vacuum that would be filled by a series of less-than-stellar politicians, ultimately leading to the rise of reality TV stars in political positions. Because, why not?. Fact: Newt Gingrich once said he was 'the most interesting man in politics.' Spoiler alert: he was wrong. The most interesting man is still out there drinking Dos Equis..
- Headline: Luther Jerstad, 61, Alpinist Who Scaled Everest in 1963. Impact: Jerstad's legacy lived on, inspiring generations of climbers. Sadly, it also inspired a few thousand 'extreme sports' enthusiasts to take up mountain climbing with absolutely no training whatsoever. Oops.. Fact: Climbing Everest is often called 'the ultimate test of human endurance.' It's also a great way to experience altitude sickness and possibly frostbite. Fun times!.
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)