The Israel-Gaza Conflict: Surging Oil Prices and its Global Impact

Good morning, Quartz readers! Here’s what you need to know. The European Union (EU) is facing conflicts over Palestinian aid. The European Commission recently announced an immediate suspension of €691 million ($730 million) in development aid to Palestinians, but this decision was reversed as the war between Israel and the terrorist group Hamas continues. This …

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Is China’s Tiangong Poised to Outpace the Aging ISS?

Good morning, Quartz readers! We wanted to give you a heads up that there won’t be a Daily Brief on Monday because our US-based team will be taking the day off. But don’t worry, we’ll be back in your inbox on Tuesday. Here’s the latest news you need to know: 1. China has announced ambitious …

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Unveiling the Shakeup: Political Instability Emerges as US House Speaker Kevin McCarthy Exits

Good morning, Quartz readers! Get ready for the latest news and updates. Kevin McCarthy, the US House speaker, has been ousted by a far-right coalition. This historical event has caused political and economic uncertainty, leaving many in anticipation. The Federal Trade Commission has accused Amazon of using an unfair algorithm, called “Project Nessie,” to outprice …

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The Impact of Reddit, Etsy Boycotts, and Knitting.com Revolt

For more than a decade, the domain Knitting.com was available for sale. During that time, it was sparsely populated with a few knitting-related links and contact information for the owner, Roy Edward Messer. In February 2022, Dave Bryant and Mike Jackness, known as the EcomCrew, purchased the domain for $80,000 with the goal of turning …

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Can TikTok’s New Store Triumph over American Shoppers?

TikTok seems to be aggressively pushing a hairbrush on its users through its new shopping feature. Influencers and smaller creators are participating in paid advertising campaigns and affiliate marketing programs to promote this hairbrush called the “viral TikTok brush.” However, what’s perplexing is that this brush is being sold at vastly different prices, ranging from …

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Etsy Sellers Contemplate Strike as Earnings Remain Unavailable

Online marketplace Etsy has announced adjustments to its policy in response to complaints from UK sellers. These sellers were experiencing a “reserve system” that withheld 75% of their earnings for up to 90 days, causing financial difficulties. The reserves were initially intended to cover potential refunds and protect buyers. However, Etsy has acknowledged that the …

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Etsy Overwhelmed by an Influx of AI-Generated Clutter

According to YouTube’s amateur online-business advisers, the era of easily accessible AI is all about asking and receiving. AI tools like ChatGPT are rising in popularity, and people believe they can ask them for anything, even to make them rich. Joshua Mayo, a YouTube personality who specializes in work-from-home “side hustles” and methods for achieving …

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