Recent content from Lee Schafer
Schafer: More savings looks like a good thing, but it's not
Since the last recession ended in 2009, Americans have generally saved about 5% of what they made. That held up until March, when the savings…
Schafer: If you're near retirement, some tips for the hard choices coming your way
Not always being able to pick your own retirement date is just one challenge.
Schafer: Delivery business is dodgy all around, especially these days
Drivers sure need work, too, but delivery doesn't work great for them, either.
Schafer: Maintaining work community away from the office isn't easy
The change in thinking isn't where we work so much as it's how to work better with the tools we have.
Schafer: There's still resilience in tech startups in middle of the U.S.
Never easy, building a company from scratch is going to be harder in this year of the pandemic recession.
Schafer: A job lost in government has the same economic effect as one lost in a business
Declining state and local government spending really can make an economic downturn worse. And this recession is bad enough already.
Schafer: Buffett comforted investors until he described selling
It was sobering to realize he'd already concluded that the airlines likely won't be the same.
Schafer: At the end of an awful month, here's what the stock market taught us
The simple explanation for the bounce back? Hopefully April was the low point.
Schafer: People in Minnesota businesses are solving problems fast
Instead of fixating on what can't be done for users, here are examples of focusing on what can.
Schafer: Bankers are at the crossroads of this crisis and face new scrutiny
We're still early in this economic crisis, but banks should err on the side of keeping businesses able to recover and able to pay workers and suppliers.