05/05/2024
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This Day In History1898 – Cheerleading begins in the United States as Johnny Campbell leads the crowd cheering on the football team at the University of Minnesota.

1907 – Banker J.P. Morgan locks over 40 bankers in his library to force them to find ways to avert the New York banking crisis.

1917 – In WWI the 1st US soldiers are killed in combat: James Gresham, Thomas Enright and Merle Hay.

1920 – Westinghouse radio station KDKA in East Pittsburgh begins broadcasting, with presidential and local election returns.

1936 – At 3p.m. the BBC begins the world’s first regular high-definition TV broadcast service from specially constructed studios at Alexandra Palace, North London.

1944 – US 28th Infantry division opens assault on Schmidt Hurtgenwald.

1948 – President Harry Truman is re-elected in an upset victory over Republican candidate Thomas E. Dewey.

1950 – The Clover Dairy Company test-markets the first concentrated milk (Sealtest) in the U.S. in Wilmington, Delaware.

1954 – Strom Thurmond is the first senator elected by write-in vote (South Carolina).

1960 – New York Yankees outfielder Roger Maris beats teammate Mickey Mantle for American League Most Valuable Player Award, 225-222; second-closest vote ever.

1964 – Columbia Broadcasting System buys 80% share in the New York Yankees Baseball Club for $11.2 million; later purchases club outright.

1971 – Retired boxer Jersey Joe Walcott KO’s William Strang in election for sheriff of Camden County, New Jersey. He is the first African-American to be elected to the position.

1983 – “Thriller” single released worldwide by Michael Jackson.

1983 – President Ronald Reagan signs bill establishing Dr. Martin Luther King Jr. as a federal holiday.

1989 – Musical “Meet Me in St Louis”, based on the 1944 film, opens at Gershwin Theater in New York City and runs for 253 performances.

1994 – NFL announces the expansion Carolina Panthers would play in the NFC West while the Jacksonville Jaguars are assigned to the AFC Central.

2000 – The first crew arrives at the international Space Station.

2012 – New York City Marathon: cancelled because of the effects of Hurricane Sandy the week before.

2017 – Jerome Powell nominated by President Donald Trump to be next chair of the Federal Reserve.

2022 – Federal Reserve hikes interest rates for a fourth straight time to a range between 3.75% and 4%, its highest since 2008, in an effort to fight ongoing inflation.

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