Latest financial news - CNNMoney.com

Gen Xers are poorer than their parents
Gen Xers may be taking home bigger paychecks than their parents did at the same age, but they haven't been able to accumulate nearly as much wealth.

Stocks: 5 things to know before the open
Investor enthusiasm seems to have waned now that the Alibaba IPO has come and gone.

For rich people, mortgages are getting cheaper and easier
For wealthy homebuyers, mortgages are getting cheaper and easier to come by.

Climate protesters to 'flood' Wall Street on Monday
Read full story for latest details.

Ravens spend 'six figures' on Ray Rice jersey swap
The Baltimore Ravens were overwhelmed this weekend by fans looking to exchange Ray Rice jerseys.

Thousands take part in climate change demos
Hundreds of thousands of climate change protesters take to the streets in cities around the world ahead of United Nations meeting later this week. Julie Noce reports.

Kabul celebrates president-elect Ashraf Ghani
Former finance minister Ashraf Ghani was named Afghanistan's president-elect after signing a deal to share power with his opponent, ending months of turmoil over a disputed election. Jillian Kitchener reports.

Erdogan: No ransom paid for release of hostages
President Tayyip Erdogan adamant that Turkey did not pay ransom for released hostages, but was noticeably less emphatic when asked about a prisoner exchange, saying a "swap may or may not have" taken place." Jillian Kitchener reports.

Kenyans recall mall attack terror
One year ago, al Shabaab militants stormed Nairobi's Westgate Mall, killing 67 people in one of the worst terror attacks the country has seen. Jillian Kitchener reports.

Iraqi fighters say 'no thanks' to U.S. air strikes
Iraqi Shi'ite fighters say they do not need outside help as they push to reclaim the area of Jarf Al Sakher from Islamic State militants. Vanessa Johnston 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

Bulgaria Gains Independence (1908)
Bulgaria was absorbed into the Ottoman Empire in 1396, but Turkish rule was often oppressive, and rebellions were frequent. In 1908, taking advantage of the Young Turk revolution in Constantinople and the annexation of Bosnia and Herzegovina by Austria, Prince Ferdinand proclaimed Bulgaria independent with himself as czar. Bulgaria then became involved in a series of conflicts—two Balkan Wars and World War I—that led to Ferdinand's abdication. Why was Bulgaria regarded as the Balkan Prussia? Discuss

Empress Dowager Cixi Ends Hundred Days of Reform in China (1898)
Empress Dowager Cixi was the de facto ruler of China for much of the period between 1861 and 1908. After the death of Emperor Xianfeng, as well as that of his only heir—his son by Cixi—she violated normal succession order and named her adoptive infant nephew Guangxu to the throne. In 1898, during the "hundred days of reform," Guangxu issued a series of radical decrees modernizing China's political and social structure. Cixi opposed the reforms and engineered a coup. What became of Guangxu?

John Lennon Leaves the Beatles (1969)
Tensions were high during the recording sessions for what were to be the Beatles' final albums. John Lennon described working on Let It Be as "hell." Exactly a month after finishing "I Want You (She's So Heavy)"—the last time all four Beatles would be in the studio together—Lennon told his bandmates that he was going solo. To avoid jeopardizing sales of Abbey Road, which was released just days later, Lennon's departure was kept a secret. When was the group's dissolution formalized?