Breakthroughs and everyday innovations from the year.
HEADLINES ON May 28, 2002
Full News Archive
- Headline: Economic Challenges for Restaurants Post 9/11. Impact: As restaurants outside Manhattan struggled, a secret cabal of food trucks emerged, leading to a culinary revolution where gourmet food was served from the back of vans. This eventually caused an entire generation to overlook fine dining in favor of the delightful chaos of street food. Who knew a recession could lead to tacos on every corner?. Fact: Did you know that the average person spends more on coffee in a year than on meals at fancy restaurants? So, really, who needs those overpriced entrees anyway?.
- Headline: Musharraf's Strong Stand on India Relations. Impact: Musharraf's fiery speech led to a well-timed spike in the sale of popcorn in both India and Pakistan, as citizens tuned in for a front-row seat to what they thought might be a gripping soap opera. Spoiler alert: it was mostly just a lot of shouting and no one died. But hey, tensions are the new drama!. Fact: Did you know that tension can actually be good for your health? Just kidding! It usually just raises blood pressure..
- Headline: A Memorial Day in the Long Shadow of Sept. 11. Impact: The first Memorial Day post-9/11 became a catalyst for a national obsession with patriotic displays, leading to a bizarre trend of wearing flags as capes. This ultimately paved the way for the invention of 'patriot chic'—a fashion statement that’s as controversial as it is colorful.. Fact: Did you know that wearing a flag is technically a violation of the U.S. Flag Code? But who's reading that when you can look so stylishly patriotic?.
- Headline: Chicago, That Tony-Nomination-Garnering Town. Impact: Chicago's rise as a theater hub caused an unexpected exodus of New Yorkers seeking 'real' culture. This mass migration resulted in the birth of an entirely new breed of hipsters who believed they were saving theater, but really just wanted to wear beanies and sip artisanal coffee while discussing the meaning of life.. Fact: Did you know that Chicago-style pizza is actually better than New York pizza? Just kidding! The debate rages on, but at least both cities can agree on one thing: they love to argue about food..
Wall Street Time Machine
NFLX
Netflix
Netflix - If you invested $1,000 in 2002, it would be worth $785,671 today (785.7x return)
AAPL
Apple
Apple - If you invested $1,000 in 2002, it would be worth $779,032 today (779.0x return)