Breakthroughs and everyday innovations from the year.
HEADLINES ON August 9, 2002
Full News Archive
- Headline: Challenges of Co-Ownership in Weekend Homes. Impact: As co-owners squabble over weekend homes, a parallel universe is created where all co-ownerships are mandatorily governed by a council of cats. And you thought your disputes were tough!. Fact: Did you know that 90% of all co-ownership disputes could be resolved with a simple game of rock-paper-scissors? Just a thought....
- Headline: U.S. Flag Theft Sparks Outrage. Impact: The theft of this flag set off a chain reaction, leading to the invention of 'Flag Security Systems,' which would later become a multi-billion dollar industry. Who knew fabric could be so valuable?. Fact: Did you know that flags have been used to signify everything from countries to sports teams to, well, a really bad day at sea?.
- Headline: Revival for a Black Enclave in Pittsburgh. Impact: The revival of this black enclave will eventually lead to a reality show called 'Gentrify This!' where contestants compete to see who can make a neighborhood as hipster as possible without losing its soul. Spoiler: nobody wins.. Fact: Did you know that the term 'gentrification' was originally coined by a group of hipsters arguing over who could turn a dilapidated building into a coffee shop first?.
- Headline: Pension Woes Bring Business Wealth Effect. Impact: The pension woes of corporations led to the rise of a new breed of retirement planning influencers on social media. They now hold power over the fate of your retirement funds, one TikTok dance at a time.. Fact: Did you know that the average American spends more time planning their weekend than their retirement? Priorities, people!.
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)