White House Correspondents’ dinner has morphed into a ‘Hollywoodified’ weekend of nonstop parties. Even Grindr is hosting.
Original Report
President Donald Trump will be on hand for this weekend’s festivities. So will dozens of media and companies throwing events that can cost $300,000.
Glass House Analysis
Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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Fed Set to Lead Uneasy G-7 With Rates Kept on Hold This Week
Policymakers in the US and across the Group of Seven will probably keep interest rates steady this week while watching nervously for signs of higher energy costs fanning inflation.