Investors have long prized gold as a hedge against inflation and economic uncertainty, but one of the world’s fastest-growing industries is now fueling a new source of demand for the precious metal. The buildout of artificial intelligence (AI) is driving investment in advanced semiconductors, servers and the sprawling data centers needed to power the technology. That expansion also requires a range of materials used in high-performance electronics, including...

The Trump administration is turning to a defense technology giant in a $6.6 billion effort to speed production of submarines as the U.S. struggles to keep pace with China’s vast shipbuilding capacity. The ramp-up in production brings a Silicon Valley-style manufacturer into one of the Pentagon’s most troubled industrial bases as they fall behind expected pace of two Virginia-class attack submarines per year. Anduril will build a more...

FIRST ON FOX: A blue city in one of the country’s hottest battleground states is accused of being a potential hotbed of foreign worker visa fraud, according to the House lawmaker who represents the area. Rep. Rich McCormick, R-Ga., is writing to the Trump administration on Tuesday asking for an investigation into alleged abuse of the H-1B work visa program in his own district. He warned in the...