Latest financial news - CNNMoney.com

Argentina is now very close to default
The clock is ticking. Argentina will default in just a few days unless the country can find a way to satisfy creditors that are owed roughly $1.5 billion.

Amazon plunges 10% on big loss
Investors are familiar with Amazon's quarterly routine: posting huge sales numbers with little or no profit. But they are not shrugging off the loss this quarter.

3 things that will drive your life insurance premiums through the roof
Read full story for latest details.

For sale: Town of Alladin, Wyo., for $1.5 million
If you're looking for your next real estate investment, look no further than the tiny town of Aladdin, Wyo.

Thanks Obamacare! Check is in the mail for 6.8 million people
Read full story for latest details.

Ban 'shocked and appalled' by shelling of Gaza school
U.N. Secretary-General Ban Ki-Moon made plea for Israel and Hamas to end conflict and vehemently condemned the shelling of a U.N.-run school in the Gaza Strip. Rough Cut (no reporter narration).

Funeral for Israeli soldier
Israel buries its dead as fight goes on with at least Palestinians 5 killed by shelling of Gaza school, which Israel says it is investigating. Deborah Lutterbeck reports.

Israel kills 3 Palestinians in West Bank protest
Israeli soldiers clash with Palestinian protesters and kill 3, with dozens injured in West Bank protest. Rough Cut (no reporter narration).

OSCE finds large piece of fuselage at airline crash site
Investigators from the OSCE say they have found a very large, intact, piece of fuselage from the crashed MH17 Malaysian airliner. Deborah Lutterbeck reports.

S&P record high; Amazon earnings miss
Summary: Amazon's miss, Starbucks beats on earnings. Sodastream, Zillow, Trulia surge on deal talk; Wal-Mart C-suite changes; New home sales disappoint. Bobbi Rebell reports.

SI.com

Uruguay eliminates Italy; Did Suarez bite again?
Uruguay is moving on. Italy is out of the World Cup after a 1-0 loss. Meanwhile, Luis Suarez apparently bit an opponent again.

Report: Heat forward LeBron James to opt out of deal, become free agent
Get ready for the Decision, Part II. LeBron James is opting out of his contract with the Heat, and will become a free agent.

NBA Mock Draft: Another change at the top
Just when you thought the NBA draft pecking order was starting to get predictable, Joel Embiid shakes it up.

Mexico beats Cameroon, advances to knockout round
After a tough 2013, Mexico completed its magical turnaround by taking down Croatia 3-1 and advancing out of Group A.

World Cup analysis: Costa Rica-England

This Day in History

Mary Queen of Scots Is Deposed (1567)
Mary Stuart was Queen of Scotland from 1542 to 1567. She was forced to abdicate the throne after her husband, Lord Darnley, was murdered and she was implicated in the plot. Mary then fled to England, where she faced a murder inquiry and became a prisoner of the English government. After conspiracies to put her on the throne of England were uncovered, she was tried for treason and ultimately beheaded. Some say her executioners asked for her forgiveness. What is she said to have replied? Discuss

Prince Andrew, Duke of York, Marries Sarah Ferguson (1986)
Prince Andrew is the third child and second son of Queen Elizabeth II. He has held the title of Duke of York since his marriage to Sarah Ferguson in 1986. Initially, the Duke and Duchess, who had known each other since childhood, appeared to have a happy marriage, but problems soon surfaced—along with tabloid pictures showing the Duchess cavorting with her financial advisor. They were officially divorced in 1996. Where does Prince Andrew sit in the line of succession to the British throne?

John Dillinger Killed by the FBI (1934)
During a nine-year stint in Indiana state prisons for a 1924 holdup, Dillinger learned the craft of bank robbery from his fellow inmates. After being paroled in 1933, he went on to commit five bank robberies in four months. Captured by police yet again, Dillinger escaped jail twice and was named "public enemy number one" by the Federal Bureau of Investigation (FBI). His run came to an end when FBI agents shot him to death outside a Chicago theater. Who lured Dillinger to the ambush site?