- Average US yearly income was $3,850
- Gas cost $.20.
- Average US house was $9,050.
- Average UK house was £2,028.
- Britain conducts its first atomic bomb test
- US ends its occupation of Japan
- US tests its first hydrogen bomb
- Albert Einstein offers but refuses the Presidency of Israel
- Elizabeth II becomes Queen of England on the death of her father
- In Kenya the Mau Mau Rebellion begins
- Nelson Mandela is arrested in South Africa
- India holds its first general elections
- Egypt changes leadership as Nasser leads a coup.
- Puerto Rico is granted Commonwealth status by the U.S.
- MAD Magazine is first published.
- The Today Show starts on NBC.
- The Jackie Gleason Show starts its 20-year run on CBS.
- Kentucky Fried Chicken (KFC) opens.
- We were Singin' In The Rain with Gene Kelly.
- Gary Cooper walked alone at High Noon.
- We had a front row seats to see The Greatest Show On Earth.