2015 Event Stock markets around the world fall after China reports a low value for its purchasing managers' index, suggesting that the nation's economy is slowing; in the U.S., the Dow Jones Industrial Average drops by 470 points 2015 Event The Swiss National Bank has uncapped the Swiss franc against the euro, resulting in a rise in its currency value from 1.20 to 1.04 francs/euro; the bank also reduced interest rates from -.25% to -.75%, increasing costs to investors who store deposits 2014 Event The Dow Jones Industrial Average sets a record at 18,024.17; the Dow has taken less than six months to climb from a value of 17,000 points 2014 Event Studies on advice given by talk show host Dr. Mehmet Oz show that only about 46 percent of his suggestions are supported by medical evidence; critics accuse him of giving vague or inaccurate advice in order to provide entertainment value 2011 Event At a meeting in Nanjing, China, U.S. Treasury Secretary Timothy Geithner says the main problem in the world's monetary system is countries that inhibit the free flow of the value of their currency 2011 Event With news that Facebook received investments of $500 million, analysts estimate the value of the company at $50 billion 2009 Event For the first time in 17 years, North Korea raises the value of its currency 1994 Event Value of Russian ruble decreases, 3081 rubles per dollar 1993 Event "Face Value" closes at Cort Theater New York City after * performances 1989 Event U.S. bust Chinese ring, capture record 820 lbs heroin ($1 Billion street value) 1983 Death Mignon McLaughlin, journalist, author, contributed to Redbook, Cosmopolitan, Vogue magazines, Managing Editor, Glamour magazine, famous quote, 'Anything you lose automatically doubles in value', dies in Coral Gables, Florida 1926 Event Belgium stabilizes current value of franc (5 franc becomes 1 "Belga") 1924 Birthday William Marshall, born in Gary, Indiana, actor, Blacula, Something of Value 1915 Birthday Robert Ruark, U.S. writer, Something of Value 1913 Birthday Mignon McLaughlin, born in Baltimore, Maryland, journalist, author, contributed to Redbook, Cosmopolitan, Vogue magazines, Managing Editor, Glamour magazine, famous quote, 'Anything you lose automatically doubles in value' 1879 Birthday Theodore Limperg, business economist, substitute value
