Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON January 1, 1950
Full News Archive
- Headline: Ranch Homes Developed in Passaic County. Impact: These ranch-style houses became the blueprint for suburban sprawl, which ultimately led to the invention of the minivan, proving that humanity really can go from ranches to road rage.. Fact: At $11,500, you could buy a house or a small island in the Caribbeanβguess which option most Americans chose?.
- Headline: Accra Strike Deadline Established. Impact: The strike in Accra set off a domino effect of labor movements across Africa, leading to the creation of a global 'workers unite' meme that still circulates today. Who knew memes could start with a deadline?. Fact: Striking is just like a really intense game of chicken, but with more paperwork and less fun..
- Headline: Solar-Type House of Contemporary Style Built on Hillside Site in Manhasset, L.I.. Impact: The solar house was a hit, leading to a surge in eco-friendly homes that eventually paved the way for overpriced tiny houses. Thanks, O Grossi, for making 'living minimally' a trendy lifestyle choice!. Fact: Solar energy was once considered a fringe ideaβnow it's the reason your neighbor won't stop bragging about their electric bill savings..
- Headline: Dismantled Ruhr Plants Restored, German Asserts. Impact: The restoration of Ruhr plants helped kickstart Germany's Wirtschaftswunder, or 'economic miracle,' which led to the most efficient beer production in history. Cheers to that!. Fact: Germany's recovery was so effective that they almost had to change the national anthem to 'Ein Prosit'βa toast to their economic prowess..
- Headline: E.C.A. NATIONS JOIN HOFFMAN IN URGING MORE INTEGRATION; Year-End Reports Stress Need if West Europe Is to Stand on Own Feet After 1952 EXDPRESS THANKS TO U.S. Administrator Says Continent Requires a Single Market to Become Self-Sufficient E.C.A. NATIONS JOIN HOFFMAN IN PLEA A LADY SHERIFF SEEKS TO SERVE MAYOR CURLEY. Impact: The call for integration among E.C.A. nations led to a series of awkward diplomatic dinners where everyone pretended to agree on the menu. Today, EU summits have turned into culinary competitions.. Fact: If you ever feel like your meetings are pointless, just remember that at least youβre not part of a meeting to make meetings more productive..
- Headline: National Fraternity Will Accept Negro Students. Impact: Phi Sigma Delta's decision to accept Negro students sent shockwaves through the fraternity system, leading to a series of events that eventually made 'Frat Boy' a term for both party animals and, ironically, advocates of diversity.. Fact: Fraternities accepting students based on merit? Whatβs next, a reality show about good manners?.
- Headline: Sixty Years in Journalism. Impact: C.J. Bayne's sixty years in journalism became a cautionary tale, inspiring countless writers to pick up pens and realize that sometimes, ignorance truly is bliss.. Fact: They say journalism adds years to your lifeβtoo bad itβs usually the years you spend stressed out over deadlines..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1950, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1950, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1950, it would be worth $23,651,330 today (23651.3x return)