Bank of America CEO Brian Moynihan told “Face the Nation with Margaret Brennan” that he has been hearing from customers that “affordability is a challenge” amid rising gas and food prices and inflation, but he added that “in the last couple months, we’re seeing the wage growth of all income cohorts kind of coalesce together around 3 to 4% which is good.”
Gas prices hit $4 again after oil soars more than 15% in a week
The national average price for regular gasoline hit $4 per gallon again Monday as the renewed conflict with Iran and Ukraine-Russia attacks rattle energy markets.






