The stock market keeps methodically ticking into record territory, and the Dow Jones industrial average is trading above 23,000 for the first time. It's been nearly 16 months since S&P 500 index funds had a pullback of even 5 percent over the course of days or weeks, its longest such streak in two decades. Many analysts expect the market to keep climbing, at least for the next year. The global economy is improving, corporate profits are rising and inflation remains low but not so low that it makes economists nervous. But as investors learned so painfully 30 years ago in October, markets can shift quickly. On Oct. 19, 1987, the S&P 500 plummeted 20.5 percent to wipe out what had been sizeable gains for the year. Virtually no one is predicting a repeat of "Black Monday," which was the stock market's worst day in history and happened when conditions were different from today. But several worries are circulating underneath the market's placid surface. While they may not cause a 20 … [Read more...] about Black Monday 1987: How big is the risk of another equities crash?
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Globe Poster: An Illustrated History Of American Music Listen · 5:54 5:54 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/135268508/135289350" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript Facebook Twitter Flipboard Email Hide caption An early movie poster printed by Globe Poster for the Astor Theatre in Baltimore, 1933. Previous Next Photos courtesy of Joseph Galbreath Hide caption Globe's early work consisted of film and show posters including this one from 1935. Previous Next Hide caption Globe quickly expanded its business to include carnivals and fairs, auto races, political campaigns and music concerts. Here's an example of a fair poster, date unknown. Previous Next Hide caption A comparison of a rainbow design print and one made with Day-Glo ink. Day-Glo posters were easier to see at night or … [Read more...] about A Poster Shop’s Illustrated History Of American Music
A 14th-century mass burial pit full of victims of the Black Death has been discovered at the site of a medieval monastery hospital, according to archaeologists. Researchers uncovered 48 skeletons — 27 of which were children — at an “extremely rare” Black Death burial site in Lincolnshire, in the United Kingdom, they said. DNA testing of teeth that were uncovered at the site revealed the existence of plague bacteria, the scientists said. The presence of such a large burial site suggests that the community was overwhelmed by the number of victims of the Black Death, said lead archaeologist Hugh Willmott, a senior lecturer in European historical archaeology at the University of Sheffield. A mass grave would have been the easiest way to cope with the number of people who died during the outbreak. [In Photos: Tracking the Devastating Impact of the Black Death] “Despite the fact it is now estimated that up to half the population of England perished during … [Read more...] about CBS News Logo Black Death “plague pit” with 48 skeletons is “extremely rare” find
What’s in a name? A new exhibit chronicling a controversial period at the University of Minnesota raises the question. “A Campus Divided: Progressives, Anti-Communists, and Anti-Semitism at the University of Minnesota, 1930-1942” unearths long buried information about the efforts of university administrators to segregate housing, spy on mostly Jewish students and quash student activism. The names behind the most egregious acts are some of the best known at the U, including former President Lotus D. Coffman and Edward Nicholson, who served as the U’s first dean of student affairs. Both served during a turbulent time when issues of race, equality, war and students’ rights roiled the campus. Both have prominent campus buildings named after them. Now, as controversies over Confederate monuments rage and names of slave owners are being removed from buildings, streets and lakes, the exhibit is likely to raise questions about whether well-known U administrators … [Read more...] about New exhibit reveals U’s dark history of segregation and anti-Semitism
Lost “Pilot, Part II” Originally aired September 29, 2004 Hey! Any of you ever hear of this show called The New People? An Aaron Spelling confection (because that’s all that crazy genius made: perfect, frothy, shameful television confections)? From 1969? Well, it was a little bit before my time, and it only ran 17 episodes, so I wouldn’t be surprised if you’d never heard of it. But here’s the thing: it’s totally Lost. From Television Obscurities: The premise of The New People was a simple one. A group of forty or so American college students were on a cultural exchange tour in Southeast Asia, sent by the State Department. An outspoken group with radical ideas, the State Department cancelled the tour and ordered the group back to the United States. While flying back home their plane met with bad weather and crashed on an island in the South Pacific. The following day, the “new people” began to explore. The island was called Bomano, … [Read more...] about Black smoke monsters and white polar bears