Personal Finance and Business

Personal Finance and Business Archives

Hip Hop One Stop celebrates grand opening

September 24, 2020

On Saturday, September 19, 2020, Hip Hop One Stop celebrated its grand opening at 7516 W. Appleton Avenue. The store, which is the vision of owner Rodney Fisher (upper photo, center), boasts a wide variety of apparel, snacks, groceries, cleaning products, classic bulk candy and much more. The store is open Tuesdays thru Saturdays, 9… [Read More]

UpStart Kitchen opens in 7th District

September 24, 2020

On Tuesday, September 15, 2020 Prism EDC was pleased to announce the opening of a new 7th District project, UpStart Kitchen. UpStart Kitchen is located at 4323 W. Fond du Lac Ave., and is an incubator for entrepreneurs who want to grow or start their own food-oriented business. The kitchen offers affordable, stateof- the-art, commercial… [Read More]

SBA presents the 2020 Minority Small Business Champion Award

September 17, 2020

On Thursday, September 10, 2020, the Small Business Administration (SBA) presented its annual Minority Small Business Champion Award to Diamond Discs International President Ugo Nwagbaraocha at Diamond Discs International offices, 9300 W. Heather Ave. Ugo is not only the President of the National Association of Minority Contractors- Wisconsin and Chairman of the Business Council; he… [Read More]

Despite challenges, King Drive looks to have a bright future

August 13, 2020

While many businesses continue to struggle due to the coronavirus pandemic, Deshea Agee, Executive Director of the Historic King Drive Business Improvement District (BID) #8, is using his unique skillsets to help ensure that businesses in his district not only survive the pandemic, but thrive. Agee, who has headed the King Drive BID for more… [Read More]

Second stimulus check for $1,200? $2,000? What the proposals may mean for you

July 9, 2020

What we know about a second stimulus package and the possibility of another wave of direct payments for Americans. Another coronavirus rescue package to help keep the US economy from plunging even deeper into recession is inching closer to reality, and a second stimulus check could very well be part of it. The question remains:… [Read More]

Magic Johnson offers $100 million in loans to minority businesses

May 21, 2020

Former Los Angeles Lakers guard and team president Earvin “Magic” Johnson announced his life insurance company will provide $100 million for women- and minority-owned small businesses as part of the Paycheck Protection Program (PPP). Johnson, the owner of EquiTrust, the nation’s largest minority-owned insurance company, will partner with MBE Capital Partners, a Latino-owned company, to… [Read More]

The hotel industry, like so many others, is doing everything it can to stay viable during the COVID-19 pandemic

May 21, 2020

In Milwaukee, hotels like the Iron Horse, Potowatomi and the Pfister, all closed early on in the pandemic. They’re not alone. Trish Pugal, interim CEO of the Wisconsin Hotel and Lodging Association said at the start of the pandemic, 18,000 hotel and lodging employees were furloughed. She said that number likely has increased significantly. “Approximately… [Read More]

Coronavirus and the new American economy (part 2)

April 30, 2020

By Solomon Ali CEO of NDR Energy Group and Revolutionary Concepts Part 2: How we brace for financial impact and minimize the fallout • Communicate with your creditors and debtors Explain where your company is at, discuss options and re-negotiate terms if you can. Inquire about extensions on payment terms, request waivers of late fees… [Read More]

COVID-19 financial warning: Consumers and banks should stay away from Payday Loan Stores

April 9, 2020

By Charlene Crowell Senior Fellow with the Center for Responsible Lending For the foreseeable future, ‘normal’ life will be indefinitely suspended due to the global pandemic known as the coronavirus. Record-breaking employment layoffs in the month of March resulted in the Department of Labor reporting that 10.4 million consumers lost their jobs and filed for… [Read More]

Department of Revenue Secretary Peter Barca warns of scams related to COVID-19

April 9, 2020

Reminds taxpayers to never share personal information via phone, email or text Department of Revenue Secretary Peter Barca has some very simple and important information to share with Wisconsinites waiting for stimulus checks from the IRS. “The IRS will never call, text, or email you to ask for personal or banking information, and neither will… [Read More]