After a brutal 30 days, Wall Street has begun to look up - if even just for a moment - as stocks rally this afternoon about an hour and a half before trading closes, according to major news sources.

Under the current economic conditions, retail reports have been growing increasingly bleak. That isn’t the case, however, with Volcom’s latest numbers, released Thursday, October 30. The company experienced a total revenue increase of 23% to $111.7 million.

The Commerce Department reported the first estimate of third-quarter Gross Domestic Product (GDP) today, and the results - unsurprisingly - were bleak. The U.S. economy is the weakest it’s been in 28 years.

The October Transworld Business featured a solid display of boardshorts for Spring 2009, including the latest trends in color, material, technology and fit. In our online preview, we’ve included more styles from each brand.

Transworld Business stopped by Disk8 skate shop right before the Surf Expo trade show. Watch the skate demo right here.

The Tim Brown Golf Invitational, sponsored by PacSun, was held Tuesday, Oct. 21, at the Strawberry Farms Golf Club in Irvine, California to benefit Surfing America. See photos here.

Check out photos from the event right here.

Check out photos right here.

A-Basin and Loveland opened to skiers and riders yesterday. Here are some photos from both both mountains.

Salty Peaks Owner Dennis Nazari shares his concerns on the proliferation of pro-forms and how his shop is making a stand against discount sales to unintended buyers.