Texas Gov. Rick Perry is asking the Bush administration to waive some federal requirements for renewable fuels that he says are hurting his state and adding to rising food prices. Kai Ryssdal gets reaction from Joseph Romm of the Center for American Progress.

Luxury brands usually don't suffer much when the economy tanks. But Gucci is struggling and making a big shift to cheaper down-market goods. Meanwhile, Louis Vuitton is growing like gangbusters. Jill Barshay reports.

With the summer driving season looming, congressional leaders are lining up to ease the pain at the pump. But what can they do? John Dimsdale reports.