What happened on August 14, 1992?

Headlines from August 14, 1992

• ⚰️ Tomb of Caiaphas Found – Israeli archaeologists discovered a tomb believed to belong to Caiaphas, the Jewish High Priest who presided over Jesus's trial.
• 🌍 Baker's Foreign Policy Role – James Baker resigns as Secretary of State to play an active role in shaping U.S. foreign policy from the White House.
• 🏆 Capriati's Olympic Glory – Teen tennis star Jennifer Capriati reflects on her Olympic singles title and dreams of winning the U.S. Open.
• 📉 Gold Prices Plummet – Gold prices drop to a six-year low as investors react to low inflation figures, signaling potential end to recent rally.
• 📈 Money Fund Assets Rise – Nation's money market mutual funds see a $3.19 billion increase in assets, totaling $507.65 billion.
• 📊 Economic Growth Forecast – The Congressional Budget Office predicts the U.S. economy is on the verge of sustained recovery, but unemployment will remain high.
• 🎨 Art Auction Recovery – Sotheby's reports a 3.7% increase in second-quarter earnings, signaling a gradual recovery in the art auction market.
• 📅 Cuomo Court Nomination – Governor Mario Cuomo announces plans to nominate a candidate for a vacancy on New York's highest court on August 24.
• 📰 Illinois Raises $600 Million – Illinois offers $600 million in tax-exempt general obligation notes, successfully bidding through Lehman Brothers.
• 🏦 Chrysler Loan Threatened – Banks threaten to refuse renewal of loans crucial for Chrysler's revitalization, prompting intervention requests.