Breakthroughs and everyday innovations from the year.
HEADLINES ON May 7, 1977
Full News Archive
- Headline: Times Publisher Honored with Silurian Award. Impact: This award sparked a secret society of publishers who vowed to control the world's news narratives, leading to the 'Great Headline Wars' of the 80s, where headlines became more important than the actual news. Spoiler: they all lost to cat videos.. Fact: Silurians are actually a fictional race from Doctor Who. So, congratulations on winning an award from imaginary creatures!.
- Headline: Steel Price Increases Spark Controversy. Impact: This price hike initiated a chain reaction that eventually led to the invention of the DIY home metal crafting kit. Because who doesn't want to make their own steel furniture while feeling financially crushed?. Fact: When steel prices go up, so does the number of people considering starting a career in blacksmithing. Spoiler alert: it’s not as glamorous as it sounds..
- Headline: U.S. Consumers of Canadian Gas May Find Fuel Bills Increased 16%. Impact: This gas price increase led to an underground movement of consumers learning how to make their own gas from corn, indirectly sparking the 'Ethanol Boom' and countless hipster breweries.. Fact: 16% increase in gas prices? Well, at least now you can feel slightly less guilty about driving that gas-guzzler; it's practically a patriotic duty!.
- Headline: U.S. Assails G. M. Bid to Bar Inquiry. Impact: This confrontation initiated a long-standing rivalry between government watchdogs and corporations, eventually leading to the creation of a superhero named 'Taxman,' who fought against corporate evasion with the power of audits.. Fact: Who knew that corporate giants would try to hide from taxes? Next, they’ll be trying to hide from Santa Claus!.
- Headline: GEORGIAN CAPTIVATES NORTHEAST ENGLAND. Impact: Carter’s captivating visit sparked an interest in Georgian architecture, leading to a trend of everyone wanting to live in homes that looked like they were plucked straight out of a Jane Austen novel.. Fact: Captivating a region? That's like being the popular kid in school, except instead of prom, you get to visit historical sites. How thrilling!.
- Headline: Carter Meets With 5 of 6 Leaders In a Prelude to Economic Parley. Impact: This dinner meeting kicked off a series of awkward diplomatic dinners where world leaders discovered that the real economic discussions happened over dessert, leading to a global sugar rush.. Fact: When world leaders gather for dinner, the only thing they agree on is that someone should bring the breadsticks. Every time!.
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1977, it would be worth $10,678,835 today (10678.8x return)
INTC
Intel
Intel - If you invested $1,000 in 1977, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1977, it would be worth $414,492 today (414.5x return)