Breakthroughs and everyday innovations from the year.
HEADLINES ON July 8, 2016
Full News Archive
- Headline: Gretchen Carlson vs. Fox News Discrimination Case. Impact: Gretchen Carlson's lawsuit sparked a seismic shift in workplace policies, leading to countless HR departments scrambling to update their training manuals. Who knew that a single lawsuit could turn 'boys will be boys' into 'let's not get sued'?. Fact: Did you know that before this lawsuit, HR's most common response to complaints was 'Have you tried ignoring it?'.
- Headline: State Tuition Policies Shift Post-Recession. Impact: As public colleges began to chase out-of-state students for their shiny tuition dollars, the idea of affordability transformed into a mythical creature—akin to Bigfoot—rarely seen, but always talked about. The higher education system pivoted from 'learn and grow' to 'pay and pray'.. Fact: Fun fact: The phrase 'you get what you pay for' has never been more ironic when it comes to college tuition..
- Headline: Holmes Barred From Running Theranos Lab. Impact: Elizabeth Holmes going from 'next Steve Jobs' to 'next stay-at-home mom' caused a massive ripple in Silicon Valley, leading investors to double-check if their startups were actually selling snake oil or just overpriced vitamins.. Fact: Did you know that Holmes' downfall led to a new venture capital term: 'The Holmes Effect', which warns investors to always check if the blood in those vials is actually from a lab or just a really convincing marketing campaign?.
- Headline: You’re Taking That With You, Right?. Impact: The phenomenon of buyers encountering items left behind by sellers turned into a national pastime. Suddenly, yard sales became treasure hunts, and every move was an episode of 'What’s That Random Stuff?'. Fact: Did you know that the most common items left behind include half-used candles and that weird exercise equipment no one actually uses? It's like a time capsule of poor purchasing decisions..
- Headline: Jobs Roar Back With Gain of 287,000 in June, Easing Worry. Impact: The jobs report triumphantly boasted a gain of 287,000, which eventually led to a nationwide epidemic of 'I love my job' social media posts, making the unemployment rate feel like the hottest new club everyone wanted to get into.. Fact: Fun fact: The only thing more inflated than job numbers at this time was the egos of those who claimed they 'saw it coming' from a mile away..
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NVIDIA - If you invested $1,000 in 2016, it would be worth $220,545 today (220.5x return)