US GDP (1998 dollars):$6,244.40 billion Federal spending: $1380.86 billion Federal debt $4002.1 billion Median Household Income(current dollars):$30,636 billion Consumer Price Index: $140.3 Unemployment: 7.5% Cost of a first-class stamp: $0.29
Super Bowl Washington d. Buffalo World Series Toronto d. Atlanta Braves NBA Championship Chicago d. Portland Stanley Cup Pittsburgh d. Chicago Wimbledon Women:Steffi Graf d. M. Seles (6-2 6-1) Men:Andre Agassi d. G. Ivanisevic (6-7 6-4 6-4 1-6 6-4) Kentucky Derby Champion Lil E. Tee NCAA Basketball Championship Duke d. Michigan NCAA Football Champions Alabama (13-0-0) 1992 Summer Olympics
Compact discs surpass cassette tapes as the preferred medium for recorded music.
There are 900 million television sets in use around the world; 201 million are in the United States.
Woody Allen and Mia Farrow engage in a very public and nasty custody battle over their three children. Allen's affair with Farrow's adopted daughter, Soon-Yi Previn, sparked the feud.
Johnny Carson hosts The Tonight Show for the last time. He had ruled late-night television for 20 years.
Unforgiven, The Crying Game, Howards End, Glengarry Glen Ross, The Player
Robert Olen Butler, A Good Scent from a Strange Mountain
Michael Ondaatje, The English Patient
Barry Unsworth, Sacred Hunger
Entertainment AwardsPulitzer Prizes Fiction:A Thousand Acres, Jane Smiley Music:The Face of the Night, The Heart of the Dark,Wayne Peterson Drama:The Kentucky Cycle, Robert Schenkkan Academy Award, Best Picture:The Silence of the Lambs, Edward Saxon, Kenneth Utt and Ron Bozman, producers (Orion) Nobel Prize for Literature:Derek Walcott (Trinidad) Record of the Year:"Unforgettable," Natalie Cole with Nat King Cole Album of the Year:Unforgettable, Natalie Cole with Nat King Cole (Elektra) Song of the Year:"Unforgettable," Irving Gordon, songwriter Miss America:Carolyn Suzanne Sapp (HI)
Science & Technology
A text-based Web browser is made available to the public (Jan.); within a few years, millions of people become regular users of the World Wide Web. Background: Computers and Internet
172 nations various address issues of environmental protection and sustainable development at the Earth Summit in Rio de Janeiro. Some sign binding agreements to minimize global climate change and preserve biodiversity. Background: Environment & Nature