Breakthroughs and everyday innovations from the year.
HEADLINES ON August 9, 2003
Full News Archive
- Headline: Pataki's Debt Plan Rejected by Mayor Bloomberg. Impact: Governor Pataki's debt compromise rejection led to years of financial wrangling in New York City. If they had accepted, perhaps we would have seen a happier city with fewer potholes—though, let's be honest, the potholes are basically landmarks now.. Fact: Fun fact: New York City's financial negotiations are like a bad relationship – lots of arguing, no one really wins, and the potholes just keep getting deeper..
- Headline: Fuel Prices Surge Amid Economic Uncertainty. Impact: The rise in fuel prices sparked a cascade of events, including the rise of carpooling, public transport popularity, and the invention of the 'walk of shame' as people realized they couldn't afford gas to get home.. Fact: Did you know that gas prices have a weird way of making people rethink their life choices? Like, 'Do I really need to go to work today?'.
- Headline: To Insurers, a Long, Free Ride Is Looking Risky. Impact: The decision by insurers to stop writing policies could have led to a dramatic increase in risky behavior on Wall Street, resulting in a new era of financial shenanigans that could only be rivaled by the antics of reality TV stars.. Fact: Did you know that if you want to feel secure in your risky investments, just avoid reading the fine print? Ignorance is bliss, after all!.
- Headline: Insurers Block Plans to Raze Deutsche Bank. Impact: If the Deutsche Bank building had actually been razed, it could have led to a completely different skyline in NYC, potentially spawning a new architectural style: 'Post-Mortem Modernism' where buildings are designed to look like they might collapse at any moment.. Fact: Did you know that sometimes 'clean and repair' is just a euphemism for 'let's pretend everything's fine and see what happens'?.
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Apple - If you invested $1,000 in 2003, it would be worth $1,226,446 today (1226.4x return)