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hurricane fiona continues its dangerous march forth as it churns past bermuda. right behind fiona is a storm that could become a major concern next week. we ve got an update on all of that for you ahead. and the pressure on former president trump is mounting on multiple fronts. now the special master, who trump himself requested to review material seized from mar-a-lago is again putting his legal team on the spot giving the trump team until next friday to back up trump s name the fbi planted evidence during search of his private estate last month. we begin this hour with the growing backlash to russia s first draft since world war ii. joining me now, jay gray from kyiv, ukraine, also former u.s. ambassador to ukraine william taylor. he s vice president of russia and europe at the u.s. institute of peace. welcome all of you. jay, to you first. we ve seeing these emotional images from russia. families are parting, they re drafting men, boarding buses, heading to face a ....
said for the year. absolutely, and a lot of the story since the market opened this morning, the dow jones currently down 800 points, about 2.7%. if it stays at that level, through the market close, in about an hour, that would be the lowest level that we ve seen the dow in 2022, and what has already been a brutal year for markets. and the big reason for all of this, have to rewind back to wednesday when the federal reserve, the nation s economic steward raised interest rates for the fifth consecutive time this year. that s to try to raise borrowing costs, to take some steam out of an overheating u.s. economy and which has led to the high inflation that we ve seen. the concern though, that the federal reserve is going to have to slow the economy too much, to get ahead of that high inflation. the fed chair jay powell saying earlier this week he s not sure if this process leads to a recession. that s why you have some on wall street calling for and projecting an increase ....
Education is rebuke of a history that legally barred black folks from learning to read or write let alone go to college. so jonah pursued two degrees, both from historically black colleges. but now a decade after graduates, jonah who works for a nonprofit still owes $120,000 in student loans that he can t afford to pay. especially as a new dad. i m looking at her and i m look, man, she can be anything that she wants to be. and as soon as i said it to myself, i m look can we afford to put her through college. reporter: because college students arrive on campus with less wealth than their white peers. and they tend to take out more and bigger loans for the same degrees. and they will owe about $7400 more than their white counterparts at graduation. it is one reason jonah founded an organization that mobilizes black students, especially on ....
i m looking at her and i m like, man, she can be anything that she wants to be. and as soon as i said it to myself, i m like, oh, man, can we afford to put her through college. reporter: because black students arrive on campus with less wealth than white peers, they tend to take out more and bigger loans for the same degrees and they will owe about $7400 more than their white counterparts at graduation. it is one reason jonah founded an organization that mobilizes black students especially on hbcu campuses around pivotal issues like canceling student loan debt. specifically for black people, it looks like modern day share cropping. we ll give you the opportunity to become something but in order for you do that, you got to borrow this from us and it will travel through the family for the rest of your time if you never pay us off. reporter: we visited north carolina central university, his alma mater, to talk to current ....
Wrapped up in the systemic s pregs. and so i wanted to talk with black voter respect young black people will how this issue is effecting them and here is what they had to say. growing up, jonah always knew he was going to college. everyone in my family on my mom s side, they all went to sutton. my dad and uncles all went to college. reporter: it is family tradition, but also so much more. for african-americans, higher education is a rebuke of a history that legally barred black folks from learning to read or write. let alone go to college. so jonah pursued two degrees, both from historically black colleges, but now a decade after graduating, jonah, who, woulds for a works for a nonprofit still owes $120,000 in student loans that he can t afford to pay especially as a new dad. ....