2023 was a year of fast-paced business blasting. From battling inflation to the explosion of Artificial Intelligence, to the rise of the unions, to Musk’s X-rated transformation, to the misery of the housing market, and the admirable chaos of the crypto industry, all in all, it was a wild year. The Federal Reserve and other major central banks spent most of the year battling inflation in a war that had erupted as the global economy roared out of the pandemic recession. Artificial intelligence came out swinging, taking the spotlight and igniting worries as the technology threatened the livelihoods of many workers. In the United States, the labor movement scored impressive wins with significant concessions from employers as the American economy rebounded from the COVID-19 recession. Elon Musk transformed the social media platform Twitter into “X” amid legal and financial troubles. The housing market was hit hard as the Fed hiked up interest rates and finally, the cryptocurrency industry took a big hit as regulators in Washington cracked down. So, what do you think? Which 2023 business story shocked you the most? Let us know by commenting below!
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