5 Quartz stories we really like
🥕 How do you make the global food system sustainable?
📜 A failed bid for the US Constitution could cost $1.5 million in crypto fees.
🥵 The next two years will be tough on Jerome Powell.
♻️ The world’s biggest oil-producing countries are selling green bonds.
🇰🇪 Kenya is denying the unvaccinated access to government services.
Is the price right?
In October, US inflation hit its highest annual rate in 30 years: 6.2%. Americans have been watching their bills grow as the global economy struggles to iron out pandemic disruptions. So what do those price increases look like in the grocery aisle? Take our quiz to see if you know how much the prices of common items have increased.
Spreading the word (of the year)
NFT: a unique digital certificate, registered in a blockchain, that is used to record ownership of an asset such as an artwork or a collectible
The abbreviation for non-fungible token is Collins Dictionary’s word of the year. The use of the term increased 11,000% in 2021.
The buzz around NFTs, which remain difficult to really define, has been unrelenting over the last 12 months. In March, surrealist digital artist Beeple made history by selling an NFT at Christie’s for a cool $69 million. Everyone from filmmaker Quentin Tarantino to Bollywood actor Amitabh Bachchan, and film studio Warner Bros to the Oscars, has embraced the fad.
NFT is one of three tech-based words to make Collins’s longer list of 10 words of the year. The others are metaverse—the concept Facebook steadfastly committed to, and even changed its name for—and crypto, the slang for cryptocurrency.
30-second case study
Trinny Woodall, the entrepreneur behind personalized makeup brand Trinny London, had a wealth of knowledge about the type of business she wanted to build before launching her startup at the age of 49. But she also had experience of failure: A previous online shopping brand, launched in 1999 towards the end of the dotcom bubble, raised £7 million before crashing out of business in a year.
Now, with a blooming business, Trinny tells Quartz At Work about how she kept things lean with her new venture, and brought her experience—of makeovers, customers, and software, among other things—to bear a second time around.
Before you join the Great Resignation…
So you’ve decided, like so many other people, that it’s time to quit your job. But that doesn’t mean you want to burn a bridge.
You’ll almost certainly be asked to submit a resignation letter after you announce your intention to leave. Paul McDonald, senior executive director at Robert Half, says its best to keep it simple:
- Start by succinctly stating that you have accepted another position, and are resigning.
- In a sentence or two, express your gratitude for the opportunities and experience the organization has provided you.
- Close by stating the final date you’ll be on the job, and offer to help transition your duties and responsibilities to your replacement.
Read more on how to handle conversations with your current employer before and after writing that email in How to send a resignation letter, our latest in a weekly series of member-exclusive emails for navigating everyday challenges in work and life.
Becoming a member directly supports the work we do and gives you access to every bit of it.✨ Become a Quartz member ✨
Pop quiz: Which is not a property of rare earth elements?
- They’re magnetic
- They’re catalytic
- They float
- They glow
Find out in the latest episode of the Quartz Obsession podcast, in which Quartz reporter Mary Hui digs deep into rare earths—those materials we didn’t even know we relied on every single day.
Sponsored by American Express
Rare earths are an important component in your smartphone—which is a great place for catching up on Quartz’s latest, natch.