NOBODY KNOWS NOTHIN':

Dow jumps 938 as governments pledge bank aid (Tim Paradis, 10/13/08, AP)

Wall Street has stormed back from last week's devastating losses, sending the Dow Jones industrials soaring a nearly inconceivable 938 points after major governments' plans to support the global banking system reassured distraught investors.

The Dow by far outstripped its previous record for a one-day point gain, 499, reached during the waning days of the dot-com boom in 2000.

Two-week gas price drop is biggest ever (Jodi Weigand, 10/13/08, Pittsburgh TRIBUNE-REVIEW)

The largest ever two-week drop in average gasoline prices has local drivers eager for more.

"It's $3.15 by my house," said Aimee McCune, 21, of North Huntingdon, who was enjoying a sunny morning in Market Square before heading to work. "Every morning, I drive by and look at it, and it's gone down almost every day." [...]

"Plummeting oil prices and caving gasoline demand have combined to bring the biggest retail gasoline price cut in the history of the market," said Trilby Lundberg, who compiles the survey.

Posted by Orrin Judd at October 13, 2008 3:20 PM