Gen Z finally had room to breathe. Now Trump’s 26% gas price hike has them suffocating

Bank of America’s spending data tells a rare good-news story about Gen Z — until it doesn’t. After years of being squeezed by surging rents and sluggish wage growth, the youngest adult generation had just begun to really get out there and spend their fun money. Then gas prices jumped 26% year-over-year, and BofA economists are now warning that the recovery could be snuffed out before it fully takes hold.

For the first time in years, Gen Z was winning. Rents had finally stopped devouring their paychecks...