You could buy a simple Wireless Access Point (WAP) and connect it with a Cat5e cable to your existing router. (Effectively turning your router into a wireless router.) This will give your PC and the laptop independent access to the internet and will also allow you to share files, folders and resources just as though the PC and laptop were (wire) networked together. You should check your ISP's website to confirm they allow multiple PC's to connect (apparently some plans do not) and if there are any special configuration settings for the laptop. Also remember to turn on wireless security to prevent neighbours getting free internet access over your bandwidth.
What kind of WAP to get? Obviously it should match the laptop wireless interface - look for specs like "802.11b".
Most laptops will be 802.11g which is backward compatible with b so a b/g WAP will suit. If by good fortune your laptop has a "pre-n" wireless interface (which has longer range, less prone to interference etc.) then you can get a "pre-n" WAP. These usually have different names depending on the brand e.g. Netgear calls it RangeMax, D-Link calls it Super G. Note the real "n" standard is not out yet so it's best to match the manufacturer as well because you don't get any benefit if you mix'n'match.
hth