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On Friday’s broadcast of Bloomberg’s “Wall Street Week,” MSNBC Economic Analyst Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, said that we’re dealing with a potential stagflation problem where “address both an inflation problem and potentially a growth problem at the same time” for the first time since the early 80s, and that while he isn’t predicting a recession, he “wouldn’t be shocked if we had one somewhere down the line” because stagflation oftentimes causes recessions.

SNIP President Ronald Reagan also cleared the way for advertising to be directed at children for the first time, Richman noted, which led to a boom of ads for sugary cereals with cartoon characters as mascots. “The shows that kids love began manifesting themselves in foods and treats, and we started seeing Mr. T's cereal, E.T. cereal and Pac Man cereal, and Donkey Kong candies,” he said. An increase in divorce rates and the explosion of women in the workplace also had a huge impact on the decade’s cuisine. “Suddenly, women had opportunities that they didn't have a decade prior,”...

SNIP Investing $1,000: The commercial from Apple aired during the third quarter of the Super Bowl. The ad highlighted an upcoming product, which proved to be a major catalyst for Apple. Anyone watching the commercial who felt like it was well done, might have been convinced that Apple could compete in the computer space, and may have chosen to invest in shares of the company. Apple traded at a split-adjusted price of $0.13 on the Monday after Super Bowl XVII (Jan. 23, 1984). A $1,000 investment could have purchased 7,692.31 shares of AAPL. The $1,000 investment in AAPL shares would...

Huey Lewis named Thin Lizzy classic “The Boys Are Back in Town” as the song that makes him cry in a tribute to his late friend Phil Lynott. Lewis played harmonica on Lizzy’s 1978 album Live and Dangerous, billed as “Bluesy Huey Lewis” and appearing on the track “Baby Drives Me Crazy.” His band at the time, Clover, opened for Lynott’s group on the subsequent tour. Asked by Classic Rock to identify the song that reduces him to tears, Lewis made the unexpected selection because of the memories it evoked. “The reason I say that is because I miss my...

Crime In Newark, New Jersey - Crime and its effect on businesses in Newark, New Jersey. 1981

"Waiting for a Girl Like You" wouldn't have happened if Foreigner hadn't gone from a six-member to a four-piece band. They could take their foot off the proverbial pedal, leveraging the new space in their songs. "The part I liked was that it wasn't really that slow," former singer Lou Gramm told the Canton Repository in 2016. "It had a semi-slow beat to it and had a lot of dynamics. I think that being the first ballad that got any attention, we saw it as a big plus." It also wouldn't have happened if founding guitarist Mick Jones didn't experience...

You don’t hear Air Supply’s hits on classic rock radio and you’d probably have a problem getting, say, an AC/DC or Black Sabbath fan to admit liking the Australian group’s music. Such is the guilt inherent to guilty pleasures, silly as that is. But you can’t knock the fact that the band’s chief members have been performing and recording for 45 years, playing thousands of shows in that time to audiences of all sizes and at one time the group had a string of seven Top 5 singles in the U.S. The people who remember those songs (and who love...

It hardly matters – who really cares about these things? – and yet it does. This year the Go-Go’s will be inducted into the Rock & Roll Hall of Fame, and earning a place at the museum in Cleveland, Ohio, for all its naffness, is still a mark of influence and recognition. “I always said: ‘**** them, I don’t care,’” says Belinda Carlisle, the band’s lead singer. “But when it actually happens, it’s: ‘Oh, this is not so bad.’” The Go-Go’s have had a reappraisal in the past year, thanks mainly to a documentary by the film-maker Alison Ellwood. It...

Eurythmics are two: Dave Stewart and Annie Lennox. They wrote all Eurythmic songs together, and Dave produced every one. As the world knows well, they created an expansive songbook of great songs, many of which became major hits, such as “Would I Lie To You,” “Here Comes The Rain Again,” “Missionary Man,” “There Must Be An Angel” and many others. But no song ever became more immensely ubiquitous, beloved, covered and iconic than their first real song as a duo, “Sweet Dreams (Are Made Of This).” It has been covered on records 182 different times, and that includes only official...

Tawny Kitaen, the actress and model best known for starring in Whitesnake’s iconic music video for “Here I Go Again,” has died. She was 59-years-old. Variety reports that Kitaen died at her home in Newport Beach, CA yesterday, Friday, May 7. No cause of death has been revealed. Kitaen’s music video debut came in RATT’s 198x clip, “Back for More.” She went on to appear not only in Whitesnake’s “Here I Go Again” video, but several of the band’s other clips as well, including “Still of the Night,” “Is This Love” and “The Deeper the Love.” She was also married...

Everybody says they hate “We Built This City.” But… everybody doesn’t — even if it really seems like they do. In 2004, Blender magazine and VH1 ganged up on “We Built This City” and placed it at No. 1 on their list of The 50 Most Awesomely Bad Songs...Ever. In 2011, Rolling Stone’s readers named the Starship tune the worst song of the ’80s, and did so by a huge margin. GQ called it “the most detested song in human history.” In The New York Times, Stephen Holden called the album that spawned the song, Knee Deep in the Hoopla,...

A Flock of Seagulls is a band reunited on Record for the first time since 1984. All four original members Mike Score, Ali Score, Frank Maudsley and Paul Reynolds play on the single "Space Age Love Song", released prior to the their reunion album 'Ascension'

“‘The best of times, the worst of times,’ that’s me stealing from Dickens,” Dennis DeYoung explains about the dichotomy at play with “The Best of Times,” the ever-resonant 1981 hit he wrote for Styx. “And, really, aren’t all times that way?” In 1981, Styx, a blue-collar Chicago band that steadily rose to elite rock status by mixing progressive-style album cuts with savvy pop sense, were looking to switch things up. “There will always be fans that will be miffed that you make any changes,” DeYoung tells American Songwriter. “A lot of fans lock into one thing. They like it, and...

U.K. band Madness have had several lives in their more than 40 years together, from ska superstars on their 1979 debut, One Step Beyond, to top 10 success with 1982's smash "Our House," to breaking up in 1986, reuniting in 1992 and continuing on the last two decades as a successful touring band. All of those eras are covered on the new U.S. only compilation, Our House: The Very Best Of Madness. The 12-song collection goes from the band's first hit, "The Prince" to 2019's "Bullingdon Boys," which the band's Graham "Suggs" McPherson calls a sort of protest song. I...

GLENN MEDEIROS was a global star at 17 with debut hit Nothing's Gonna Change My Love For You. In a new interview, he says he saw fellow singers trading sex for hit songs and being "pimped out" for drugs by the Mafia. But what happened to the 1980s pop icon? Look at him now as a high school headmaster.When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You...

Morgan Freeman picked up his bullhorn and baseball bat to star in the 1989 Warner Bros. movie. Joe Clark, the uncompromising New Jersey high school principal who employed a bullhorn and baseball bat to round his students into shape en route to becoming the subject of the inspirational Morgan Freeman film Lean on Me, has died. He was 82. Clark died Tuesday after a long illness at his home in Gainesville, Florida, his family announced. Soon after taking over as head of Eastside High School in Paterson, New Jersey, Clark expelled 300 students for fighting, vandalism, abusing teachers and drug...

Say what you will, the 80's were an interesting time musically, post up your memories of the 80s.Killing Joke~ 80's

I’ve grown an affinity for them over the past few years and feel that while they’re know for decades, they are still greatly undervalued and under appreciated as a band especially with their mixture of different musical styles with synthesizers and organs I like Renegade

Bruce Swedien, a five-time Grammy-winning audio engineer best known for his work on several Michael Jackson albums, died on Monday night. He was 86. Swedien’s daughter, musician Roberta Swedien, shared the news via Facebook, writing: “My dad, Bruce Swedien, passed away peacefully last night, November 16th. He was 86. A legend in the music industry for over 65 years and 5-time Grammy winner, he was known for his work with Quincy Jones, Michael Jackson and many more. He had a long life full of love, great music, big boats and a beautiful marriage. We will celebrate that life. He was...