News & Economy
President: Dwight D. Eisenhower
Vice President: Richard M. Nixon
Population: 168,903,031
Life expectancy: 69.7 years
Cost of a new home: $22,000.00
Cost of a new car: $2,100.00
Median Household Income: $4,454.00
Cost of a first-class stamp: $0.03
Cost of a gallon of gas: $0.23
 Cost of a dozen eggs: $0.80
Cost of a gallon of milk: $0.97
News Headlines
Dwight Eisenhower re-elected President, defeating Adlai Stevenson handily for a second time
Soviet leader Khrushchev publicly denounces Stalin, begins official policy of "de-Stalinization" in the USSR
Egypt seizes Suez Canal; Britain and France respond with force; U.S. and Soviet Union help negotiate a cease-fire
Israel invades Sinai Peninsula
Soviet troops suppress a popular uprising against the communist regime in Hungary
Congress approves Highway Act, which allows for construction of the U.S. interstate highway system
Fidel Castro begins revolution in Cuba
Italian ocean liner Andrea Doria sinks after colliding with another vessel
Atomic Energy Commission approves development of commercial nuclear power plants
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Music
Billboard Top 20
1. Heartbreak Hotel, Elvis Presley
2. Don't Be Cruel, Elvis Presley
3. Whatever Will Be Will Be (Que Sera Sera), Doris Day
4. My Prayer, Platters
5. The Wayward Wind, Gogi Grant
6. The Poor People Of Paris, Les Baxter
7. Lisbon Antigua, Nelson Riddle
8. Hound Dog, Elvis Presley
9. Moonglow And Theme From "Picnic", Morris Stoloff
10. Rock And Roll Waltz, Kay Starr
11. Memories Are Made Of This, Dean Martin
12. Love Me Tender, Elvis Presley
13. I Almost Lost My Mind, Pat Boone 14. I Want You, I Need You, I Love You, Elvis Presley
15. The Great Pretender, Platters
16. Hot Diggity, Perry Como
17. Canadian Sunset, Eddie Heywood & Hugo Winterhalter
18. No, Not Much, Four Lads
19. The Green Door, Jim Lowe
20. Blue Suede Shoes, Carl Perkins
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Movies
Top 5 Movie Money Makers
1. The Ten Commandments
2. Seven Wonders of the World
3. War and Peace
4. Moby Dick
5. Alfred Hitchcock's The Man Who Knew Too Much
Academy Awards
Best Actor: Yul Brynner, The King And I
Best Actress: Ingrid Bergman, Anastasia
Best Director: George Stevens, Giant
Best Picture: Around The World In Eighty Days
Best Supporting Actor: Anthony Quinn, Lust For Life
Best Supporting Actress: Dorothy Malone, Written On The Wind
Television
Americas Top 10 TV Favorites
1. I Love Lucy (CBS)
2. The Ed Sullivan Show (CBS)
3. General Electric Theatre (CBS)
4. The $64,000 Question (CBS)
5. December Bride (CBS)
6. Alfred Hitchcock Presents (CBS)
7. I've Got A Secret (CBS)
8. Gunsmoke (CBS)
9. The Perry Como Show (NBC)
10. The Jack Benny Show (CBS)
Emmy Awards
Drama...
Best Drama - Phil Silvers Show (CBS)
Best Actor - Robert Young, Father Knows Best
Best Actress - Loretta Young, Loretta Young Show
Comedy...
Best Comedy - Caesar's Hour (NBC)
Best Actor - Sid Caesar, Caesar's Hour
Best Actress - Nanette Fabray, Caesar's Hour
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Time Capsule: 1956
Dr. Albert Sabin develops oral polio vaccine
At a Fourth of July family barbecue, Milton Levine dreams up the idea for the first Ant Farm, complete with live ants.