(Milwaukee)—Columbia Savings & Loan Association held its Ninety-Eighth Annual Meeting with more than 60 members and guests attending, making it the savings and loan’s largest Annual Meeting in decades. Attendance was so great that Columbia had to rent space at a much larger facility to accommodate all the participants. Lafayette McKinney reflected on t he […]
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Economics Before Education?
BlackEconomics.org® At the outset of certain lectures, we have enquired of the audience: “What is the most important ‘thing’ in the universe?” While we have received a multiplicity of answers, we always steer the audience back to what we view as the correct answer: “Knowledge!” Why knowledge? Because it is fundamental. You may have all […]
Black America’s Consumption, Income, and Wealth
BlackEconomics.org® There is no “chicken or egg” conundrum when considering the starting point of economic activity for households in a so-called capitalist US economy. One must begin with money income to acquire life’s essentials: Food, clothing, and shelter. It is common knowledge that Black Americans experience an income gap with the remainder of the nation. […]
PWSB Makes First Corporate Gift Toward Centennial Fund for Wisconsin’s Only Black-Owned Bank
(Milwaukee)—Port Washington State Bank (PWSB) has become the first corporate contributor to help Wisconsin’s only Black-owned financial institution modernize its technology and extend its reach to more low-to-moderate-income families seeking to become homeowners. Port Washington State Bank contributed $10,000 toward Columbia Savings & Loan Association’s Centennial Fund. Columbia Savings & Loan Association announced its Centennial […]
These Tax Tips Can Make Filing (1040) EZ
With tax day approaching, there’s no time like the present to get started on your 2022 returns and submit them well before the April 18 deadline. This year, you have a few extra days to complete your taxes. With the typical deadline of April 15 falling on a weekend, followed by Emancipation Day on Monday, […]
Wisconsin Black Chamber Commits One Million Dollars to 99-year Old Black Owned Bank
Milwaukee)—Wisconsin Black Chamber of Commerce announced on February 21st its commitment to deposit $1 million in Columbia Savings & Loan Association—Wisconsin’s only Black-owned bank. The $1 million deposit from the chamber marks one of the largest deposits in the bank’s 99-year history, and this single commitment will increase the size of the bank’s total assets […]
The Economics of Thanksgiving
By Karen Stokes The October jobs report showed job growth was stronger than expected. Nonfarm payrolls grew by 261,000 for the month, the Labor Department reported Friday. Those payroll numbers were better than the Dow Jones estimate for 205,000 more jobs, but worse than the 3.5% estimate for the unemployment rate. “Unemployment did tick up […]
Drivers Finding Some Relief at the Gas Pump
By Karen Stokes Gas prices have been dropping after almost a month of increases. “Giving people some breathing room at the gas pump is one of the President’s top priorities and his work is paying off in Wisconsin and across the country,” said Jared Bernstein, White House economist. According to the American Automobile Association (AAA), […]
Indigenous Biz Con 2022 Kicks Off October 10-12 at Potawatomi Hotel & Casino
Milwaukee, Wis. – From Oct. 10 to Oct. 12, 2022, Indigenous Biz Con (IBC) will host Indigenous businesses, high-level Tribal administrators, and elected Tribal officials to interact and collaborate with non-tribal businesses. The 3-day event will take place at Potawatomi Casino and provide a fun, interactive platform that allows for networking and education for the […]
Earn and Learn Puts Teens and Young Adults on the Path To a Career
By Karen Stokes Seventeen-year old Zaquwan Dorsey wasn’t thinking about landscaping or working with young children when his mother encouraged him to apply to the Earn and Learn program last spring. The EARN & LEARN Summer Youth Employment Program started in 2007 and is designed to provide meaningful work experiences and career exposure to young […]
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