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📖 Yearbook

May 12, 2026

The year was…

1951

🕯️ Famous Death

The Media Mogul's Final Edition: The newspaper titan who inspired Citizen Kane and built a California castle bid farewell after decades of shaping American journalism and public opinion.

Reveal answer

William Randolph Hearst

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📈 Economy & Markets

Most Taxing Year for Corporations: Congress passed a revenue act hiking corporate taxes and slapping excess profits levies to fund a conflict on the Korean peninsula.

Reveal answer

Revenue Act of 1951

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🌍 World Event

From Colony to Kingdom: This North African nation became the first country to achieve independence through the United Nations, trading Italian colonial rule for a monarchy under King Idris.

Reveal answer

Libyan independence

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💡 Innovation & Loss

Most Colorful Television Debut: CBS broadcast the first commercial color program to American living rooms, though only a few dozen sets nationwide could display the rainbow promise.

Reveal answer

First commercial color television broadcast

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