Finance
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Stocks making the biggest moves midday: Rivian, Abercrombie & Fitch, CVS, Spirit Airlines and more

Check out the companies making headlines in midday trading. Abercrombie & Fitch – Shares of the teen apparel retailer jumped nearly 8% after JPMorgan added it to its positive catalyst watch list. Analyst Matthew Boss raised the stock’s price target and third-quarter earnings estimate, saying its brands, which include Hollister, showed momentum during the recent…

Economy
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‘It’s doing social harm’: Albanese asks states and territories to work together on a social media ban for kids

Anthony Albanese has written to the nation’s first ministers asking for their support in implementing a nationwide minimum age for social media. After South Australia’s Labor government announced it would be moving forward with plans to ban children under 14 from accessing social media, Albanese announced the federal government would introduce legislation addressing the same…