logo
New Forest Park middle school won't be open in time for the school year

New Forest Park middle school won't be open in time for the school year

Yahoo13-06-2025

Clayton County Public Schools announced that the opening of the new Forest Park Middle School in August would be delayed as a result of 'unforeseen global supply chain disruptions.'
Due to 'delays in the delivery of essential construction materials and equipment,' the Clayton County school district said it would not be able to finish construction on time for the start of the 2025-2026 school year.
[DOWNLOAD: Free WSB-TV News app for alerts as news breaks]
'The district hopes to relocate these students to their new home on Finley Drive in Forest Park during the week of Fall Break, October 13-17, 2025,' officials said in a statement.
Instead, students who are enrolled at FPMS will stay at their current, temporary school location, which the district said was Morrow High School on Old Rex Morrow Road.
For students who were supposed to move to a swing space at the former Morrow High School, they will instead remain in classes at Fountain Elementary School until further notice.
TRENDING STORIES:
'Suspect fled the scene': Police say cicada caused rollover crash
Asian needle ants crawling across US, now found in 20 states, stings cause life-threatening reaction
Man found guilty of killing Gwinnett County father at baby shower learns his fate
'We understand the inconvenience this delay may cause and are deeply grateful to our community for its continued trust and investment in our schools,' Dr. Anthony W. Smith, Superintendent/CEO of Schools, said in a statement. 'We are confident that the finished school will be worth the wait and will serve as a valuable asset to the Forest Park community for years to come.'
Officials also apologized for the delay, with Ronick Joseph, Chief of Construction and SPLOST Management saying 'Delays in the delivery of key construction materials are, unfortunately, due to circumstances beyond our control. We are working diligently with our contractors and partners to complete Forest Park Middle School during the first semester of the 2025-2026 school year.'
More updates will be shared by the school district as progress continues, officials said.
[SIGN UP: WSB-TV Daily Headlines Newsletter]

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gold Slips Despite Rising Global Tensions
Gold Slips Despite Rising Global Tensions

Yahoo

time9 hours ago

  • Yahoo

Gold Slips Despite Rising Global Tensions

Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated assets— and may continue to in the future. Gold prices have slipped throughout the last five trading days, positioning the yellow metal for its first weekly loss in nearly a month. Gold posted its first weekly loss in nearly a month, despite rising geopolitical risks. The Fed held rates steady but signaled two cuts are still expected this year. Retail Sales data came in soft, and equities struggled across the board. A stronger US Dollar may be capping gold's rally amid global uncertainty. Since tracking back below $3400/oz shortly after the Sunday night opens, gold's trading path this week has been steadily, but not rapidly, down and to the right. A loss week-over-week in gold spot prices (the first in three) is not what we would have expected given the geopolitical developments of recent days, but it's very much the story of this week, so let's talk about it. Without wanting to be at all sensationalist, it is possible that the world is slipping towards another, much larger and much more volatile escalation of war in the Middle East with the direct participation of the United States. There are few other events—if when they're only 'possible'—that should have a more direct risk-off impact on global markets, pushing investors into the prime safe havens like gold. And yet, the yellow metal has steadily fallen back this week. Eventually, gold discovered support in the neighborhood of $3370, although Friday's Asian sessions did see the metal dip briefly as low as $3345. On Wednesday, the FOMC announced (as expected) no changes to monetary policy following their June meeting but reiterated that the committee still expects to make two cuts this year. This probably nets out as neutral for gold (lower rates not yet, but still planned), but if you had to tip the hand one way or the other, you might expect prices to step slightly higher. At the same time, the quarterly update to the Fed's economic projections indicates the central bankers now expect weaker growth in the US economy in the near-to-medium term. This, too, should be a basic risk-off signal and would be reasonable to expect as a tailwind for gold. There have been other, softer data points this week that we would have projected to make traders more risk-averse, to the benefit of the gold prices. Monday's Retail Sales data came in below already-muted expectations, and all three major US stock indexes have struggled this week, primarily under the clouds of war. Still, gold spot is all but certain to close out this week in the red. There are two possible reasons for this at the top of our minds currently. To be sure, the US Dollar has enjoyed greater safe-haven interest from traders and investors this week, and aside from that dynamic, just the fact of an appreciating Dollar typically pushes down on gold. But what may also be a factor here, after nearly two full quarters of record-breaking gains, is that the 2025 gold rally has fully extended itself, and even the threat of the globe's only remaining 20th Century superpower entering a war isn't adding enough gas to the conflagration to move spot prices towards $3500. For now, the absent upward momentum is not being translated to downward pressure, but if gold doesn't find new legs soon, we may see a more aggressive pace of liquidations as investors sell off richer positions in gold to balance out losses on equities and elsewhere if the global state of play remains on high alert or deteriorates further. In the meantime, traders, I hope you can get out and safely enjoy your weekend for the next couple of days. After that, I'll see you back here next week for another market recap.

Why AI Stock Astera Labs Was Crushing It This Week
Why AI Stock Astera Labs Was Crushing It This Week

Yahoo

time12 hours ago

  • Yahoo

Why AI Stock Astera Labs Was Crushing It This Week

The company has found an appropriate partner to help it win more AI-related business. It's teaming up with a specialty chipmaker based in Asia. 10 stocks we like better than Astera Labs › According to data compiled by S&P Global Market Intelligence, Astera Labs (NASDAQ: ALAB) stock's price was floating almost 11% higher week to date on early Friday morning. Investors were mainly reacting to news the tech infrastructure company reported about a new business tie-up with an Asian peer. On Monday, Astera and Taiwanese chipmaker AIChip Technologies announced in a joint press release that they have formed a strategic business partnership. Together, the two will aim to exploit opportunities afforded by sky-high demand for artificial intelligence (AI) functionalities. AIChip, which specializes in application-specific integrated circuit (ASIC) chips, and Astera are teaming up to offer "validated, interoperable solutions for hyperscalers building next-generation AI infrastructure," according to the press release. As the name suggests, a hyperscaler is essentially an extremely large data center. These are in vogue now due to the heavy resource requirements of AI. Astera and AIChip offered almost no details about their new partnership, including its financial parameters. Given that, it's tough to gauge how this collaboration might affect their fundamentals. Judging by the market's reaction, though, investors don't seem to mind -- teaming up on projects has clear potential to benefit both companies. I think AI companies like Astera are in the midst of a gold rush. I'd absolutely consider buying the stock. Before you buy stock in Astera Labs, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Astera Labs wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why AI Stock Astera Labs Was Crushing It This Week was originally published by The Motley Fool Sign in to access your portfolio

South Korea says defense spending ‘very high' compared to U.S. allies
South Korea says defense spending ‘very high' compared to U.S. allies

Miami Herald

time16 hours ago

  • Miami Herald

South Korea says defense spending ‘very high' compared to U.S. allies

SEOUL, June 20 (UPI) -- South Korea's Defense Ministry said Friday that its defense spending as a share of gross domestic product is already "very high" compared to other U.S. allies, as Washington calls for NATO members and Asian countries to increase their military budgets. "Among major U.S. allies of the United States, South Korea has a very high ratio of defense spending to GDP," the ministry said in a message to reporters. "We have continuously increased our defense budget in consideration of the serious security situation, including North Korea's nuclear and missile threats." "South Korea will continue to make efforts to secure the capabilities and posture necessary for the defense of the Korean Peninsula and peace and stability in the region," the ministry added. In 2024, South Korea spent $47.6 billion, or 2.6% of GDP, on defense, according to data from the Stockholm International Peace Research Institute. That share is higher than Britain's 2.3%, France's 2.1%, Germany's 1.9% and Japan's 1.4%. Seoul's statement suggested concerns over remarks by U.S. Defense Secretary Pete Hegseth earlier this week calling for a "new standard" for allies in NATO and Asia to spend 5% of GDP on defense. "We expect NATO allies to commit to spending 5% of GDP on defense or defense-related investment," Hegseth said at a Senate Armed Services Committee hearing on Wednesday. "We now have a new standard for ally defense spending that all of our allies around the world, including in Asia, should move to," Hegseth said. "It's only fair that our allies and partners do their part. We cannot want their security more than they do." Hegseth also called for Asian countries to increase their spending in remarks at a defense forum in Singapore last month. "It doesn't make sense for countries in Europe to [spend 5% of GDP] while key allies in Asia spend less on defense in the face of an even more formidable threat, not to mention North Korea," he said at the annual Shangri-La Dialogue. The defense spending issue looks to be a potentially contentious topic at next week's NATO Summit in The Hague. NATO countries committed to a goal of 2% of GDP in 2014, which two-thirds have reached, but U.S. President Donald Trump has long called for an increase and has been demanding the 5% figure since his reelection. NATO Secretary General Mark Rutte said last week he expected the allies to agree to the 5% target. "It will be a NATO-wide commitment and a defining moment for the alliance," he said in a speech at Chatham House in London. However, Spanish Prime Minister Pedro Sanchez pushed back on the proposal, which must be agreed to unanimously, in a letter to Rutte this week. "For Spain, committing to a 5% target would not only be unreasonable, but also counterproductive," Sanchez wrote Thursday, according to El Pais. "It would move Spain away from optimal spending and would hinder the EU's efforts to strengthen its security and defense ecosystem." South Korea's newly elected President Lee Jae Myung has not confirmed whether he will attend the NATO Summit, which will be held on June 24-25. His office had anticipated a meeting with Trump on the sidelines of last week's Group of Seven meeting to discuss tariffs and defense cost-sharing issues, but the U.S. president departed early. Copyright 2025 UPI News Corporation. All Rights Reserved.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store