The largest U.S. banks are scrutinizing members of the Federal Reserve for any insight into how the central bank will tinker interest rates.Banksread more
The U.S. and China restarted their trade talks, but signs are showing a comprehensive deal could be a long way off, if it happens at all.Marketsread more
"The charts, as interpreted by Carley Garner, suggest that the upside in the stock market has gotten more limited," Jim Cramer says.Mad Money with Jim Cramerread more
U.S. President Donald Trump said Tuesday that Washington and Beijing have a long way to go on trade, adding that America could place tariffs on an additional $325 billion...Asia Marketsread more
Facebook's cryptocurrency project has already been met with skepticism from policymakers around the world.Technologyread more
Stone, 66, a notorious Republican political operative who has described himself as a "dirty trickster," had previously been dressed down by the judge for his public remarks...Politicsread more
Delta is gathering more data from customers than ever in hopes of avoiding customer service problems and increasing customer satisfaction, its CFO says.At Workread more
The Biden team's second-quarter Federal Election Commission filing shows that the campaign wrote a check of just over $5,300 on June 28 to Sheehan Associates for "strategic...2020 Electionsread more
See which stocks are posting big moves after the bell on July 16.Market Insiderread more
While the vote served as a show of solidarity for Democrats, it recommended no substantive penalty against Trump.Politicsread more
United Airlines' second-quarter profit tops estimates but questions about the 737 Max linger.Airlinesread more
The largest publishing event of the summer isn't a novel or a tell-all biography. It's a script.
"Harry Potter and the Cursed Child" the hotly-anticipated continuation of J.K. Rowling's beloved and lucrative franchise is slated to hit shelves on Sunday, and it's already breaking records.
"We expect it to be our biggest selling book of the year," Mary Amicucci, chief merchandising officer at Barnes & Noble, said in a statement.
Scholastic, the U.S. publisher of Rowling's collaboration with John Tiffany and Jack Thorne, has printed 4.5 million copies in North America.
That pales in comparison to previous "Harry Potter" book releases that have topped 8.3 million copies in the first 24 hours of sales. Still, the publisher expects the event — held on July 31, Harry Potter's (and Rowling's) birthday — to be celebrated by fans and be the "largest publishing event of the summer."
The smaller printing is the result of it being a script book, but Scholastic said it "will work closely with accounts to be sure they get the books they need."
Publishers could use a little magic. Industry-wide, book sales were down 13.7 percent in January compared to a year prior, with eBook revenue plummeting 25 percent in the same period, according to the Association of American Publishers.
Childrens and young adult books, the categories that "Harry Potter" is often sorted into, were down 20.4 percent.
"For the millions of us who are Harry Potter fans, a new Hogwarts story is a huge event," Seira Wilson, Amazon books editor, said in a statement. "I'm excited to see how the 'Harry Potter and the Cursed Child' script fits in with the books we know and love. I could easily see young fans adapting to the format and using it to act out the play on their own."