Breakthroughs and everyday innovations from the year.
HEADLINES ON January 3, 2007
Full News Archive
- Headline: Micawber Books Faces Cultural Challenges. Impact: The demise of Micawber Books sent shockwaves through the literary community, leading to an unexpected rise in hipster coffee shops that sell overpriced lattes and a side of guilt for not buying physical books.. Fact: Independent bookstores are the last bastions of civilization. Losing one is like witnessing the fall of Rome—except with more artisanal bookmarks..
- Headline: Bollywood Takes Over in New Jersey. Impact: Bollywood's takeover of the cinema screens was the first step in a global plan to replace all blockbuster franchises with elaborate song-and-dance numbers, ultimately leading to an era where every movie has a catchy tune and synchronized choreography.. Fact: If you think the Marvel Universe is expansive, just wait until you dive into the world of Bollywood—where even the side characters have their own backstories and musical numbers..
- Headline: MoMA Expands with Strategic Lot Sale. Impact: The sale of the lot to MoMA not only expanded its exhibition space, but also sparked a trend where museums began acquiring real estate like they were playing Monopoly, eventually leading to the bizarre phenomenon of 'art galleries' in luxury condos.. Fact: For $125 million, you could buy a lot of things, including a small island or a lifetime supply of avocado toast. But hey, art is subjective, right?.
- Headline: Trying to Find Solutions in Chaotic Middle Schools. Impact: The chaos in middle schools led to a nationwide shortage of sanity. Educators realized that the only way to deal with students was through the ancient art of distraction—hence the rise of TikTok in the classroom.. Fact: Middle school: where the awkwardness of adolescence meets the chaos of learning. It's like a reality show, but without the cameras—thankfully..
- Headline: Home Prices Fall Just a Bit; Brokers See ‘Soft Landing’. Impact: The slight dip in home prices was the beginning of the real estate rollercoaster, eventually leading to a phenomenon where the average person could only afford a cardboard box in the city.. Fact: Real estate agents love to call a drop in prices a 'soft landing'—a term that sounds comforting until you realize it's just a euphemism for 'better enjoy that ramen noodle diet!'.
Wall Street Time Machine
AMZN
Amazon
Amazon - If you invested $1,000 in 2007, it would be worth $117,189 today (117.2x return)
NFLX
Netflix
Netflix - If you invested $1,000 in 2007, it would be worth $247,275 today (247.3x return)