Federal Reserve Governor Milan: Still Inclined to Cut Rates Early

On May 8, per market sources, the Pentagon has begun releasing new UFO-related documents, with officials noting the public can draw its own conclusions about so-called Unidentified Aerial Phenomena (UAP).

May 8: U.S. April unemployment rate comes in at 4.3%, matching expectations. (FXStreet)

On May 8, U.S. interest rate futures indicated a slight decline in the probability of a 2026 Federal Reserve rate hike. (Xinhua)

May 8 — PFund, a Meme coin launch platform built on BNB Chain, announced it has completed internal testing and officially rolled out its public beta. Per official details, PFund has launched a principal protection mechanism by rebuilding its underlying protocol: user funds are intelligently split between an AMM liquidity pool and a reserve fund pool. While preserving Meme coins’ high-yield potential, the platform uses a mathematical algorithm to add a safety buffer for funds, aiming to tackle the long-running “Rug Pull” risk that has plagued Meme coins. Additionally, PFund has deeply integrated features including interest-free, non-liquidation loans, a progressive tax structure, and a points splitting engine. The platform prioritizes risk mitigation while targeting high-yield returns, and delivers dividends via automatic compounding.

On May 8, U.S. Central Command (CENTCOM) stated that over 70 oil tankers are currently being blocked from entering or departing Iranian ports by U.S. military forces. (FXStreet)