Top business stories of 2022: Elon Musk buying Twitter, interest rate hikes, FTX fiasco

In one of the biggest business stories of the year, Elon Musk finally purchased Twitter and made sweeping changes, as he said he would. A brutal wave of layoffs ensued, and the year is ending with a poll on whether he should step down as head of Twitter.

Interest rate hikes, the Bank of Canada and inflation have also been among the top Google searches this past year, as an inflated cost of living is squeezing households financially across the country.

In the cryptocurrency sphere, the FTX fiasco has captivated audiences with its bizarre twists and turns. Volatile, high-risk, difficult-to-value assets lent themselves as made-for-TV drama throughout 2022, with the founder of the crypto exchange platform awaiting trial.

Global’s Anne Gaviola and Brett Chang from “The Peak Daily” podcast recap the top business stories of the year.

For more top business and tech news, visit The Peak Daily at https://readthepeak.com/shows/the-peak-daily

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