Plus: Inflation on the table Was this newsletter forwarded to you? [Sign up here]( [Quartz]( November 10, 2022 [View in browser]( Good morning, Quartz readers! Hereâs what you need to know Sequoia marked FTX a zero-dollar investment. The venture capital fundâs decision delivers [another big blow]( to the embattled crypto exchange, just after rival Binance withdrew its rescue offer. Meta announced it will cut over 11,000 jobs. Facebookâs parent company is slashing [13% of its staff]( amid low growth and falling ad revenue. Adidas can reinvent Yeezy. The sneaker line might make a return after the Ye break up as the German company says [itâs the sole owner]( of the IP and designs. Abortion rights won the US midterms. The outcome of various ballot proposals reinforced Americansâ support for womenâs right to choose, [even in red states](. Hurricane Nicole made landfall in Florida. Officials shut down airports and theme parks, and [issued evacuation orders]( to properties in danger zones, including Donald Trumpâs Mar-a-Lago club. The late Paul Allenâs art collection set a $1.5 billion auction record. Of all the pieces in the Microsoft co-founderâs possession, a Georges Seurat painting [fetched the highest price]( at $149.2 million. Carbon offsets are making a comeback at COP27. US climate envoy John Kerry announced a plan to create a new [platform for carbon credit trading]( called the âEnergy Transition Accelerator.â Keep up with the latest news about humanityâs future by signing up for our limited email series, [Need to Know: COP27](. What to watch for As Thanksgiving day approaches on Nov. 24, Americans shopping for one of the most elaborate meals of the year will be feeling the impact of decades-high inflation. The US consumer price index (CPI) soared 8.2% over the last year, and 0.4% in September, topping the 0.3% forecast by economists. But that report did have one bright spotâthe prices of some goods are starting to calm the heck down. As we wait for the Office for National Statisticsâ release of October CPI today, weâre taking a look at how the price of five Thanksgiving staples has changed since 2020. Can you guess what itemâs (or category of itemsâ) price changes are reflected in this chart? Graphic: (Clarisa Diaz) Hint: Of all the Thanksgiving staples we researched, the items depicted in this chart have witnessed the steepest increase in prices since the pandemic, due to disruptions in the availability of their base ingredients. [Get hints, find out the answer, and tackle other mystery charts]( while you procrastinate on planning Thanksgiving Inflation Feast, if you celebrate. Thanks for the sweet coat, US dollar! The strong dollar is making luxury goods [much cheaper in Europe]( than in China and even the US. While currencies are always fluctuating, the dollarâs steep rise is distorting retailer prices dramatically. Investors have been buying up greenbacks as reserves during volatile times, and the US Federal Reserve has kept raising interest rates to slow inflation. Year to date, the euro is down 11% vs. the dollar, while the British pound lost 16%. Graphic: (Amanda Shendruk) Humans, not math, are whatâs flummoxing brands. If they donât raise prices in places like Europe, where goods have become unusually cheap, it could train tourist shoppers to always expect a discount. But with high inflation, passing on price increases to customers would be untenable as well. Cutting prices in the US is not an option for luxury houses either because it could damage companiesâ reputations with American customers. So, Europeans, enjoy the unintentional sale while it lasts. The global economics behind Americaâs fentanyl problem As opioids go, fentanyl is cheaper, easier to make and transport, and 30-50 times more powerful than heroin. And while the US struggles with its omnipresenceâsynthetic opioids were linked to more than 70,000 drug overdose deaths in the US in 2021âfentanyl is much less of an issue in the rest of the world. Quartzâs Annalisa Merelli explores [the economics of the fentanyl supply chain]( and explains why the law-enforcement approach to opioids has only strengthened their foothold. ⦠Love stories like these? [Grab a Quartz membership]( for 50% off to help keep our content free and visible to all. Quartz announcement Enter our sweepstakes for a chance to win a $200 Amazon gift card. That should cover that new headset youâve been eyeing so you can listen to all your favorite podcasts. Hereâs how: Listen to an episode of Quartzâs new podcast, Work reconsidered, write a review on [Apple Podcasts]( or [Spotify](, and email a screenshot of it to [hi@qz.com](mailto: hi@qz.com) by November 18, 2022. Winner will be randomly selected. Open to US residents only. Must be 18 or over to enter. Full rules [here](. Quartzâs most popular ð [Uganda plans to print 3D human tissue in space]( ð¤ [Why everyone is getting offers for free Yeti coolers from Dickâs Sporting Goods]( ð [Leaders can stop quiet quittingâhereâs how]( ðµ [What are climate reparations, and which countries should pay?]( ð®ð³ [Six years after demonetization in India, cash has roared back]( ð [Colorado can pave the way for a legal magic mushroom market]( Surprising discoveries A guy made himself eat a biblical number of rotisserie chickens. The âPhiladelphia Chicken Man,â reportedly, did not enjoy [consuming 40 birds 40 days in a row](. More creepy crawlies were found in the deep ocean. Among them is a gooey-looking eel and a [ravioli-shaped](, surprised-looking relative to the anglerfish. Animal Crossing: New Horizons is now the #1 game sold in Japan. Itâs sold over [10.45 million copies](âTom Nook would be proud. France wants parking lots to soak up more sunshine. A [solar panel covering]( will be mandatory for lots that can park 80 vehicles or more. One of the oldest sentences known to humankind was written about head lice. A Canaanite comb [from 17,000 BCE]( reads: âMay this tusk root out the lice of the hair and the beard!â Our best wishes for a productive day. Send any news, and commentsâmay this email root out the lice of the hair and the beard!âto hi@qz.com. Reader support makes Quartz available to allâ[become a member](. Todayâs Daily Brief was brought to you by Tiffany Ap, Ananya Bhattacharya, Sofia Lotto Persio, Julia Malleck, and Susan Howson. 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