World Business Report

Gold has surged to a record $3,000 per ounce amid global economic uncertainty. But why do investors turn to gold in turbulent times? And who else benefits—legally or illegally—when prices spike? We hear from Adrian Ash of BullionVault and Julia Yansura from FACT.Meanwhile, Canada’s new prime minister, Mark Carney, a former central banker, faces a tough economic landscape, with U.S. tariffs looming and domestic pressures mounting. We assess his challenges with Fen Hampson, Professor of International Affairs at Carleton University.Plus, as the cleanup continues after one of LA’s worst wildfire disasters, residents are alarmed about where debris is ending up—some near parks and schools. Marketplace’s Caleigh Wells reports from California.