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like the rest of the world. the reserve bank of australia will be holding its monthly meeting next week to decide on the cost of borrowing. market analyst peter maguire says if chevron strike issues are not solved soon, they will have a big impact. you ve got 500 workers, two major plants, and they produce around 5% of global supply. it s a major impact and certainly asia would be. ..would feel it more than anywhere else in the world. i guess it highlights that wage demands are rising despite the dip in inflation that we saw recently. what will be the impact on the central bank? as far as central bank s concerned, we seeing hopefully retail sales fairly strong. if that s not a bad point, normally a good point, but it could further inflation, we are expecting inflation to come down. that could be a good sign next tuesday with no rate rise. but we ve got to wait to see how that number drops. it s coming out in a few hours. the target is 2 3%. what range are you expecting ....
world. the reserve bank of australia will be holding its monthly meeting next week to decide on the cost of borrowing. market analyst peter maguire says if chevron strike i55ues maguire says if chevron strike issues are resolved they will have a big impact. issues are resolved they will have a big impact. you ve got 500 workers. have a big impact. you ve got 500 workers, two have a big impact. you ve got 500 workers, two major- have a big impact. you ve got| 500 workers, two major plans and they produce around 5% of global supply. and they produce around 5% of globalsupply. it s and they produce around 5% of global supply. it s eight major impact and certainly asia would be. feel it more than anywhere else in the world. i guess it highlights that wage demands are rising despite the dip in inflation that we start recently. what will be the impact on the central bank was back as far as central banks are concerned, we seeing hopefully with retail sales fairly strong. ....
to sell the platform or face a ban. [chanting keep tiktok! ] norah: the protests tonight from users. it is 90-plus percent plus of my family s income. it s how we feed our family. norah: the cbs evening news starts now. good evening. i m norah o donnell, and thank you for being with us. we want to begin tonight with the fate of social media app tiktok hanging in the balance. in a rare moment of bipartisanship, the house voted overwhelmingly to pass a bill that would an the popular platform unless it severs ties with the chinese communist party. president biden vowed to sign the bill if it passes the democratic-controlled senate, and if the bill becomes law, it would give tiktok s chinese-based parent company bytedance six months to sell the video-sharing app or it would be removed from app stores and web-hosting services here in the u.s. now, tiktok s massive lobbying efforts were not enough to stop the crackdown, despite a flood of phone calls to members o ....
norah: the ultimatum for the popular app used by 170 million americans after the house passes a bill that would force its chinese parent company to sell the platform or face a ban. keep tech tak! norah: the protest tonight from users. it is 90 plus percent plus of my family s income. it is how we feed our family. norah: the cbs evening news starts now. good evening. i m norah o donnell, and thank you for being with us. we want to begin tonight with the fate of social media app tiktok hanging in the balance. in a rare moment of bipartisanship, the house voted overwhelmingly to pass a bill that would ban the popular platform unless it severs ties with the chinese communist party. president biden vowed to sign the bill if it passes the democratic-controlled senate and if the bill becomes law, it would give tiktok s chinese-based parent company bytedance six months to sell the video sharing app or it would be removed from app stores and web hosting services ....
incident. togh the militar i pogeinfln is cooli what it means for your wallet. russia fires back against the ukrainian counteroffensive with a deadly strike in president volodymyr zelenskyy s hometown. killing at least ten people there and injuring dozens. norah: demolition of of i-95 begins as secretary pete buttigieg visits the scene. it s a key artery. that is why it is so important to make sure that it is restored quickly. as the number of evs on the roads continues to grow, there is mounting concern that the extra weight from the batteries poses a risk on the roads. it is something that no one is looking at. wheel! of! fortune! norah: and the final spin. legendary wheel of fortune host pat sajak announces his plans to retire. i will see you next time. so long. bye-bye! norah: thank you for joining us on this tuesday night for a special edition of the cbs evening news from miami. the eyes of the world were focused on t ....