August 1, 1986
A Big Mac cost $1.60 that summer of 1986, and the Dow Jones sat at 1,896 — the Soviet Union was in the midst of announcing ambitious new space plans even as American confidence in its own space program was still shaken from the Challenger disaster earlier that year. On movie screens, "The Karate Kid Part II" was pulling in crowds at the multiplex, while on television, "The Golden Girls" had just won the Emmy for Outstanding Comedy Series. That July, Moscow hosted the inaugural Goodwill Games, the first major international athletic competition between the United States and the Soviet Union in roughly a decade, drawing competitors from 79 countries across two weeks of events.
On the cover
Magazine Covers — August 1, 1986
NY Times Headlines — Week of August 1, 1986
Air Force To Build New Rocket Fleet To Loft Satellites
President Decides To Let Soviet Buy Subsidized Wheat
Soviet And Israel Agree To Begin Consular Talks
World Events — August 1986
Time Person of the Year — 1986
On the radio
Billboard Charts — August 1, 1986
Grammy Awards
On the bookshelf
On the television
Nielsen Top 10 — 1985–86 Season
Emmy Winners — 1986
At the movies
Box Office & Oscar Winners — August 1, 1986
Ebert 4-Star Films — August 1, 1986
On the field
Sports Champions — August 1, 1986
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