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The European Economy is struggling. Are you gloomy . Well, the economy is struggling. Im not gloomy. Ijust propose to look to what we were expecting exactly one year ago. So, beginning of october 2022, we had a double digit inflation. We were expecting recession. And indeed we were also concerned about Energy Supply blackouts because, of course, leaving the russian fossil fuels was not at all an easy story. So if we want to look to the optimistic side of the moon, i think we would say that, yes, we avoided recession. Yes, we have now inflation at 4. 3 , which is very far from the double digit ...

While folding laundry. that sound really fun, mom. pete: i feel a lot better they don't want to communicate. i'm sure you feel the same. good on this dad. just being honest. he's watching everything. still ahead, during the peak of the covid-19 moment we had, the federal government was handing out so-called relief left and right but did you know that $163 billion of that relief is unaccounted for, $163 billion. we follow the money. plus it's cold on fox square and we'll heat a few things up, oh, yeah, from a tailgate. some great recipes just in time for a big nfl weekend.

The misuse of covid funds is being called one of the largest frauds in american history. friday, the secret service announced investigators had seized $286 million in pandemic relief loans obtained using fabricated or stolen employment and personal information. during the pandemic, more than $5.2 trillion in relief was districted to help the unemployed and bolster the u.s. economy. how much went to fraudsteres? we're still just starting to find out. but it's already in the high billions. the justice department has charged people with about 1 billion in fraud so far, but that's just the tip of ...

Trumpeted here turn out to be the case. thanks for joining us this very nice weekend. in the meantime here, there's a sort of history that doesn't give you much hope for this inflation reduction act. some of the abuses we've seen in prior elements of spending. gerri willis with more on that, gerri. >> neil, crime pays, at least in the case of covid relief found. we've managed to prosecute only a billion dollars of these fraudulent claims, but many of them will never be recouped. let's look at the number. lost to fraud, it could be over $163 billion. but that's whether what happens when the gov...

$163 billion lost, demands answers. it requires learning the right lessons so it doesn't happen again. yes, if people were angels, no government would be necessary. but this has a cost beyond the bottom line because it increases cynicism and undermines trust between fellow citizens. after all, that's what democracy depends upon. and that's your reality check. >> it's stealing from all of us, even when it's the red power ranger. >> lamborghini and pokemon cards. just into cnn, the nypd releasing new photos of the suspected gunman in a deadly subway shooting. a manhunt under way this morning. ...