On this day

August 25, 1988

Revisit the music, news, notable people, and historical moments connected to this date.

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Headlines from August 25, 1988

A Year Later, a Saner Market

By Anise C. Wallace

LEAD: Last summer was a golden age for Wall Street. The Dow Jones industrial average was at 2,700, and there was widespread belief it was headed for 3,000. Some even predicted 3,300.

Financial Desk1395 words

NEWS SUMMARY

By Unknown Author

LEAD: THE ECONOMY Washington and Moscow will soon complete a huge grain deal involving millions of tons of wheat, corn, soybeans and soybean meal. The deal will make American farmers happy. Whether it will raise domestic food prices - as overseas grain sales did in the 1970's - is not clear. Despite the drought, the Agriculture Department said, U.S.

Financial Desk683 words

3 Agents and Player Charged in Fraud of Colleges

By William E. Schmidt, Special To the New York Times

LEAD: A Federal grand jury indicted three agents today, finding that improper payments and threats of violence were used to induce dozens of athletes to sign professional management contracts while they were in college.

Sports Desk1268 words

Music on My Birthday

Billboard 200

The Top 50 albums for the chart week of August 24, 1988, covering August 25, 1988.

  1. 1
    Album cover for Tracy Chapman by Tracy Chapman

    Tracy Chapman

    Tracy Chapman

    Last week
    4
    Peak
    1
    Weeks
    18
  2. 2
    Album cover for Hysteria by Def Leppard

    Hysteria

    Def Leppard

    Last week
    2
    Peak
    1
    Weeks
    54
  3. 3
    Album cover for Roll With It by Steve Winwood

    Roll With It

    Steve Winwood

    Last week
    1
    Peak
    1
    Weeks
    8
  4. 4
    Album cover for Appetite For Destruction by Guns N' Roses

    Appetite For Destruction

    Guns N' Roses

    Last week
    3
    Peak
    1
    Weeks
    53
  5. 5
    Album cover for He's The D.J.; I'm The Rapper by D.J. Jazzy Jeff & The Fresh Prince

    He's The D.J.; I'm The Rapper

    D.J. Jazzy Jeff & The Fresh Prince

    Last week
    5
    Peak
    5
    Weeks
    19

Notable Births

Angela Park

1988Angela Park, Brazilian-American golfer[†]

Angela Park is a Brazilian-American professional golfer who played on the LPGA Tour. She holds dual citizenship in Brazil and the United States.

Giga Chikadze

1988Giga Chikadze, Georgian mixed martial artist and kickboxer[†]

Giga Chikadze is a Georgian professional mixed martial artist and former kickboxer. He currently competes in the Featherweight division of the Ultimate Fighting Championship (UFC). Chikadze formerly competed in the Featherweight division for GLORY.

Notable Deaths

Art Rooney

1988Art Rooney, American businessman, founded the Pittsburgh Steelers (born 1901)[†]

Arthur Joseph Rooney Sr., often referred to as "the Chief", was an American professional football executive. He was the founding owner of the Pittsburgh Steelers, an American football franchise in the National Football League (NFL), from 1933 until his death. Rooney is a member of the Pro Football Hall of Fame, was an Olympic qualifying boxer, and was part or whole owner in several track sport venues and Pittsburgh area pro teams. He was the first president of the Pittsburgh Steelers from 1933 to 1974, and the first chairman of the team from 1933 until his death in 1988.

Historical Context for August 25, 1988

In 1988, the world population was approximately 5,141,992,542 people[†]