Plus, a name for Biden's pick to oversee the SEC, investors and the stock market. Also, if the markets aren't paying attention to Washington, what are they watching? And, the latest on China's use of surveillance technology in its campaign against Uighurs.
Segments From this episode
Biden will pick Gary Gensler to head the SEC, sources say
His appointment as the country’s top securities regulator is expected to put an end to the four years of rule-easing that Wall Street banks, brokers, funds and public companies have enjoyed under President Donald Trump’s SEC chair Jay Clayton. Marketplace's Nancy Marshall-Genzer has more.
Stock market investors are showing they just don't care about politics. They're looking at government support for the economy going forward.
We'll have more from President-elect Joe Biden tomorrow on his economic plans. "The market will pay attention to that. They want to understand how the government is going to support the economy going forward," said Susan Schmidt, head of U.S. equities at Aviva Investors. Then there's the upward movement this week for the benchmark interest rate, the yield on the 10-year Treasury note. Schmidt says she doesn't expect this will lead to the Federal Reserve raising rates over worries of inflation. She says the Fed board of governors has been very vocal about continuing to support the economy.
Joe Raedle/Getty Images
Huawei patent points to use of system that targets Uighurs for identification among crowds of people
The BBC's Leo Kelion reports.
Music from the episode
Daydream Mothlight
The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Producer, BBC
Jonathan Frewin
Producer, BBC
Daniel Shin
Producer
Jay Siebold
Technical Director
Brian Allison
Engineer
Meredith Garretson
Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Alex Schroeder
Producer
