MACROSTORY 531· AUGUST 5, 2026

Shake Shack targets 60 to 65 new company locations in 2026 and moves to annual-only guidance

Annual guidance, meaning a company's single financial forecast covering a full calendar year rather than shorter quarterly intervals, is replacing Shake Shack's existing outlook format. The burger chain plans to open between 60 and 65…

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BRICS nations agree to condemn unilateral war; formal vote set for Saturday

A joint declaration is a formal statement that every member country must accept before it carries weight. BRICS members have reached agreement on one: language condemning unilateral war by any country, four sources say. Formal approval by…

macro2 MIN

27MACRO

Bank of Japan cuts government bond holdings by a record 47.8 trillion yen

Japan's central bank shed more of its bond stockpile in a single year than it ever has before. The Bank of Japan's holdings of Japanese Government Bonds (debt the national government issues

macro1 MIN

28MACRO

Seoul's incoming defense chief says South Korea will reclaim wartime command with no new conditions

Seoul is moving to reclaim wartime command of its military forces from the United States, and South Korea's defense minister nominee says the country will pursue that goal under a principle of "no added conditions." Wartime operational…

macro1 MIN

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