EU joins U.S. sanctions push on Iran as South Korea weighs Hormuz deployment
The bloc's endorsement came as the Group of 20 finance ministers and central bank governors gathered in Asheville, North Carolina, earlier this week.

The bloc's endorsement came as the Group of 20 finance ministers and central bank governors gathered in Asheville, North Carolina, earlier this week.
Global bond yields have surged as investors assess whether rising debt, tariffs, defense spending and energy shocks could keep inflation higher for longer.
Shein’s Hong Kong IPO puts the focus on how the fast-fashion retailer can reaccelerate growth as its low-cost model faces new pressures.
Vice President J.D. Vance's remarks came less than two weeks before the Federal Open Market Committee is set to convene and decide whether to adjust rates.
Adobe announced Anil Chakravarthy as its next CEO, replacing Shantanu Narayen, who announced his departure last March.
Lululemon posted another quarter of disappointing results and a sales slowdown as the company struggles to turn its business around.
August nonfarm payrolls are expected to rise by 53,000 as a subdued labor market keeps Fed attention focused on inflation.
The NBA also fined the Los Angeles Clippers $30 million and said the team will forfeit five first-round picks, one in each year in drafts starting in 2029.
The San Francisco 49ers and the L.A. Rams are playing the NFL's first-ever game in Australia, marking an expanded push to grow the game internationally.
Nvidia CEO Jensen Huang said that with Hugging Face, the chipmaker will "expand access to AI for developers and institutions worldwide."
India's forecast-beating economic growth has come under scrutiny after a former government official claimed that the GDP print is overstated.
Investors should keep an eye out for excessive valuations and focus on productivity when it comes to investing in AI companies, market watchers say.
South Korea rally is changing what Koreans watch, how Koreans date, and what Koreans study.
Canada has retaliated against President Donald Trump's 50% tariffs with "dollar for dollar" duties on U.S. goods, which are set to take effect next week.
The Treasury has proposed regulations that would strip thousands of private schools of their tax-exempt status and threaten a valuable tax break for donations.
CEO Jay Chaudhry said he's "very bullish" on Zscaler's agentic Zero Trust offering, which is gaining early momentum
Jim Cramer said Thursday that "something's wrong" at Costco, and he plans to get to the bottom of it one way or another.
OpenAI said companies participating in its application-based cybersecurity program will be first to get access to Astra.
Freedom Fuel won free publicity when President Donald Trump urged other gas retailers to emulate its low prices in July.
Major automakers in the U.S. are urging Congress to ban the domestic sale, import and manufacturing of Chinese connected vehicles, hardware and software.
With less than a week until the start of football season, Piper Sandler expects Rothera's prediction market activity to jump.
Options traders are kicking off the historically worst month for stocks by piling on bullish bets on a handful of retail trading favorites.
Xbox Game Pass subscribers will have cloud gaming capped starting in November.
The bond sell-off is owed to a mix of high government debt issuance, an oil-price shock that has reignited inflation concerns, and expectations of higher rates.