Trump: "Epic Fury" Operation Will End If Iran Agrees to Deal

On May 6, Bloomberg reported that Morgan Stanley is launching cryptocurrency trading on its E*Trade platform, with a fee of 50 basis points per trade (tied to the transaction amount)—lower than rates from major competitors like Coinbase, Robinhood, and Charles Schwab. The service is currently in a pilot program, and E*Trade’s 8.6 million customers will gain access later this year. Morgan Stanley noted this move is part of its strategy to expand market share in the crypto space. The firm is betting on the gradual convergence of traditional finance and DeFi, growing its crypto asset-focused business to attract users who previously turned to other platforms.

May 6 – The U.S. ADP Employment Report for April showed 109,000 jobs added, marking the largest gain since January of last year. The figure topped the market’s expectation of 99,000 jobs and exceeded the prior month’s reading of 62,000. Per CME’s FedWatch Tool, following the release of the ADP NFP data, the probability the Federal Reserve will hold interest rates steady through June stands at 93.9% (down from 94.2% previously). The odds of a 25-basis-point rate cut in that window are 6.1% (up from 5.8% prior). (Source: FXStreet)

May 6 (FXStreet) — U.S. private payrolls grew more than expected in April, per the Automatic Data Processing (ADP) National Employment Report released Wednesday. Private-sector employment rose by 109,000 last month, beating consensus forecasts, while March’s figure was revised down to 61,000. The U.S. labor market remains in a “low hiring, low firing” state. April’s stronger-than-expected private job growth underscores the labor market’s stability. Amid persistent high inflation, this performance also eases pressure on the Federal Reserve to cut interest rates.

May 6 – The New York Post reports that former President Donald Trump has stated it is “too soon” to prepare for a peace agreement with Iran, explaining face-to-face talks with the nation are premature at this time.

On May 6, some users received an email from MiroMind—an AI research firm under Shanda Group founder Chen Tianqiao—stating its MiroThinker service (web access at dr.miromind.ai and the MiroMind mobile app) will be suspended for users in mainland China, Hong Kong, and Macau starting May 12, 2026, with no fixed resumption date. The company’s official website will remain unaffected and operate normally. 21st Century Business Herald verified the email’s authenticity with MiroMind. Founded by Chen, MiroMind is an AI research company, and MiroThinker is an intelligent agent service it launched. The suspension comes amid escalating intellectual property disputes involving MiroMind. Last month, the firm issued an "Internal Circular Regarding Dai Jifeng's Untrue Statements," accusing the early core team member of "violating business integrity."

May 6 — U.S. White House and Treasury officials have been holding internal talks about expanding the scope of the "Trump Account" (officially designated the 530A Account), according to The New York Times. Current discussions include allowing the world’s wealthiest individuals to donate shares of their own companies. Presently, the Trump Account only permits cash investments in diversified index funds and bars stock donations. The proposal aims to access the unrealized wealth of billionaires such as Elon Musk and Huang Renjun. If rules are revised, Musk could donate Tesla or SpaceX shares directly, while Huang Renjun could contribute Nvidia stock. Instead of slow, steady returns from index funds, children would be able to hold long-term positions in high-growth large-cap tech stocks and potentially realize significant gains. Donors would transfer billions of dollars’ worth of high-value shares without incurring capital gains taxes, while claiming full charitable donation tax deduc