Good morning. The U.S. President was unharmed after gunfire at an annual press dinner – but questions are being asked about his security. More on below, along with a fund for sovereign wealth and good news on HIV health. Let’s get to it.

The latest: After a man armed with a shotgun, handgun and knives tried to storm the White House Correspondents’ Association dinner, Washington is trying to understand how, for the third time, a gunman was able to get within such close proximity of President Donald Trump.

Context: The dinner on Saturday had just gotten under way when shots rang out. Secret Service agents sprinted to Trump, who was attending for the first time as president and was taken offstage. Other attendees dove under tables for cover as officers yelled, “Get down!”

The suspect: A California man who was arrested in the shooting is a highly educated tutor and amateur video-game developer opposed to Trump policies.

Analysis: Mayhem at the correspondents’ dinner produces an unlikely truce between Trump and the press corps.

What’s next: King Charles’s trip to the United States will go ahead today as planned, Buckingham Palace said after discussions with U.S. officials. Charles and his wife, Queen Camilla, will stay for a four-day state visit.

The latest: Iran said it will end its chokehold on the Strait of Hormuz without addressing its nuclear program, if the U.S. ends its blockade of the country, two regional officials with knowledge of the proposal said Monday, as the country’s foreign minister made a visit to Russia.

Context: Last week, Trump extended the ceasefire that the U.S. and Iran agreed to on April 7, which has largely halted the fighting that began with joint U.S.-Israeli strikes on Feb. 28. A permanent settlement remains elusive in the war that has killed thousands of people and shaken the global economy.

What’s next: Another ceasefire between Israel and the Iranian-backed Lebanese militant group Hezbollah has been extended by three weeks. Meanwhile, it appears that Ottawa is siding more often with its European allies when it comes to Israel.

The latest: It’s the new reality: Living at home is now culturally accepted. Instead of facing today’s economic uncertainty alone, millions of Canadians are living in intergenerational households made up of adult children and their parents. The Globe and Mail spoke with young Canadians about the realities of remaining at home, what drove them to stay, what makes it work and the biggest challenges.

What’s next: Parents, navigating the challenges of living together can require a relationship reset. Whether your grown-up kids came back or never left, here’s a parent’s guide for how to (happily) live with your adult children.

For future: From laneway houses to basement renos, here are some design ideas for the transition and reimagining a space for young adults.

The latest: Until the war in Iran, the world was making slow progress on getting inflation back down to target. In March, Canadian prices rose by nearly 3 per cent year-over-year, after removing tax effects. The next set of data is almost guaranteed to be worse.