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Moody’s cuts rating on W. Australia iron ore
N. Korea faces new sanctions after rocket test
Venezuela can't get Saudis to cut oil production
New flood of refugees at Turkish border
Credit Suisse CEO asks for bonus to be slashed
Taiwan rescuers find signs of life amid rubble
GoPro rallies on Microsoft licensing deal
When is China stock market closed for holiday?
Disney, Coca-Cola headline earnings week

China’s forex reserves poised for another record drop
China's foreign-currency reserves drop $99 bln
Will China soon burn through its reserves?

Asian markets dip on Fed uncertainty

In U.S., socialism is no longer a dirty word

Lehman Brothers lives on,
as a spirit


7 cruises for people who hate cruises
7 cruises for people who hate cruises



3 mistakes to avoid in your first 3 years of retirement
3 mistakes to avoid in your first 3 years of retirement

Twitter said to plan algorithm for timeline

Twitter suspends 125,000 terrorist accounts

How to retire early and still avoid 10% penalty
Worst money mistakes at any age
Know 4 important retirement account changes

Investors dump stocks, scoop up bonds for 5th straight week
Investors again dump stocks, scoop up bonds
FANG stocks take big bite out of Nasdaq

20 dividend stocks that Wall Street loves the most
The 20 dividend stocks that Wall Street loves most
Dividend stocks that will give you a raise

All the bad things Hillary Clinton
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National polls show Bernie Sanders nearly even with Hillary Clinton
National polls show Sanders nearly even with Clinton
Why do young voters like Sanders so much?
Is ‘Trump bubble’ bursting in New Hampshire?
Rubio, Cruz gain in N.H., WSJ/NBC poll finds

Taste the whiskey that Peyton Manning won’t try
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John Bogle dismisses index-fund 'danger'
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Only place left to invest if ‘Oilmageddon’ hits

Four reasons the January jobs report is fishy
Why the Fed is likely to stay put in March

Chicken-little investors, please read jobs report

Barron's: Here comes $20 oil
Here comes oil for just $20 a barrel


Morgan Stanley gives up on higher oil prices

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Tesla earnings: Model 3 spending, Model X sales in focus
Tesla earnings: Model 3, Model X in focus

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Markets »

139.01MDow Volume:
Avg Vol: 128.61M
Unchanged
165
Decliners
4918
Advancers
1419
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,205 -212 1.29%
Nasdaq
/quotes/zigman/12633936/realtime 4,363 -146 3.25%
S&P 500
/quotes/zigman/3870025/realtime 1,880 -35 1.85%
GlobalDow
/quotes/zigman/629063/realtime 2,139 0 0.00%
Gold
/quotes/zigman/33772884/delayed 1,165 +7 0.64%
Oil
/quotes/zigman/2260836/delayed 31.09 +0.20 0.65%
FTSE 100
/quotes/zigman/3173262/delayed 5,848 -51 0.86%
DAX
/quotes/zigman/2380246/delayed 9,286 -107 1.14%
CAC 40
/quotes/zigman/3173214/delayed 4,201 -28 0.66%
FTSE MIB
/quotes/zigman/1482176/delayed 17,250 -376 2.13%
IBEX 35
/quotes/zigman/2759620/delayed 8,500 +31 0.37%
Stoxx 600
/quotes/zigman/2380150/delayed 326 -3 0.87%
Asia Dow
/quotes/zigman/6959860/realtime 2,509 -2 0.06%
Nikkei 225
/quotes/zigman/5986735/delayed 17,004 +185 1.10%
Hang Seng
/quotes/zigman/2622475/delayed 19,288 +105 0.55%
Shanghai
/quotes/zigman/1859015/delayed 2,763 -18 0.63%
Sensex
/quotes/zigman/1652085/delayed 24,625 +8 0.03%
Singapore
/quotes/zigman/1709939/delayed 2,623 +65 2.53%
Euro
/quotes/zigman/16008136/realtime/sampled 1.11 0.00 0.13%
Yen
/quotes/zigman/16008150/realtime/sampled 117.40 +0.53 0.45%
Pound
/quotes/zigman/16008140/realtime/sampled 1.45 +0.00 0.18%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 +0.00 0.51%
DXY Index
/quotes/zigman/1652083/delayed 97.07 +0.03 0.03%
WSJ $ Idx
/quotes/zigman/41508961/realtime 89.84 +0.03 0.04%
U.S. 10yr
/quotes/zigman/15866666/realtime 1.86 +0.02 1.30%
German 10y
/quotes/zigman/15866409/realtime 0.30 0.00 0.67%
Italy 10yr
/quotes/zigman/15866497/realtime 1.55 -0.01 0.70%
Spain 10yr
/quotes/zigman/15866444/realtime 1.65 +0.03 1.72%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.56 0.00 0.00%
Japan 10yr
/quotes/zigman/15866525/realtime 0.04 +0.01 45.26%
Crude Oil
/quotes/zigman/2260836/delayed 31 +0 0.65%
Gold
/quotes/zigman/33772884/delayed 1,165 +7 0.64%
Corn
/quotes/zigman/25518691/delayed 366 0 0.00%
DJIA F
/quotes/zigman/48241424/delayed 16,172 +41 0.25%
S&P F
/quotes/zigman/43106711/delayed 1,881 +6 0.31%
Silver
/quotes/zigman/32655632/delayed 15 +0 0.99%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 104.07 -6.42 -5.81%
AAPL /quotes/zigman/68270/composite 94.02 -2.58 -2.67%
GOOG /quotes/zigman/59527964/composite 683.57 -24.44 -3.45%
BAC /quotes/zigman/190927/composite 12.95 -0.30 -2.26%
C /quotes/zigman/5065548/composite 39.86 -0.93 -2.28%
F /quotes/zigman/264304/composite 11.45 -0.08 -0.69%
T /quotes/zigman/398198/composite 36.88 0.35 0.96%
BP /quotes/zigman/247026/composite 30.46 -0.15 -0.49%
GE /quotes/zigman/227468/composite 28.54 -0.64 -2.19%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
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Rates »

5 yr CD
1.3%
2 yr CD
0.7%
1 yr CD
0.5%
MMA $10K+
0.2%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.96% 11.88% 11.62%
Business 13.12% 13.11% 12.85%
Student 13.42% 13.42% 13.14%
Balance Transfer 14.35% 14.30% 14.12%
Airline 15.17% 15.16% 15.10%
Cash Back 15.26% 15.23% 15.27%
Reward 15.28% 15.25% 15.14%
Instant Approval 18.21% 18.18% 18.00%
Bad Credit 22.88% 22.88% 22.73%
Source:CreditCards.com

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E-Book Authors May Set Price of Prose

As the government battles against Apple (AAPL) and other publishers over the cost of e-books, experts say more writers will choose to cut out the bickering middlemen and sell their digital works directly to readers.

Getty Images

Amazon.com (AMZN) plans to slash e-book prices following the Justice Department’s settlement with three of the five publishers accused of price collusion. Apple and two other publishers say they will fight the antitrust allegations in court.

The settlement may lower prices in the short-term, but publishing experts say that rather than allow Amazon to discount their work, some more authors will take J.K. Rowling’s approach and set up their own e-bookstores. The Harry Potter author recently launched her own website (Pottermore) to sell her books online. She is charging $7.99 for the early books in the series and $9.99 for the rest — significantly less than hardcover prices, but more expensive than the paperbacks. Bob Young, CEO of self-publishing platform Lulu.com, says writers won’t give their books away for less than the market price. “The more government restrictions there are on e-book prices, the more authors will do what J.K. Rowling has done,” he says.

By selling their own books online, authors can charge whatever price they choose — lower prices for older books and lesser known authors, but higher prices for their latest bestsellers, says Mark Coker, founder of Smashwords.com, one of the world’s largest distributors of self-published e-books. “Any author — popular or not — should have the freedom to set their own prices,” he says. “The laws of supply and demand will judge if the price is acceptable or not.”

When authors self-publish, Coker says they typically earn 60%-80% of the list price as their royalty. “More authors are looking for ways to sell their own e-books,” says Joshua Tallent, the founder and CEO of eBook Architects..

Going it alone won’t work for all authors, experts point out. Some aren’t comfortable selling their books without “digital rights management” – a system where the publisher aims to protect the author from online piracy. And Tallent says many authors lack the resources to build a website that has a good digital sales system. “Pottermore is definitely a better website than most authors would be able to create on limited budgets,” he says. Rowling also has the clout required to make special deals with the makers of e-book devices, he says. The ability to set prices is more precarious for “mid-list” authors, says e-book consultant Alina Adams. “Demanding e-rights could well be a deal-breaker in those cases,” she says. “Authors will really have to think about whether they are ready to give up the advance, the distribution to bookstores and libraries, and the credibility that comes with a major publisher.”

But Young says websites like his are making it easier, and partnering with Amazon’s Kindle or Barnes and Noble’s Nook could be regarded as a credible alternative to having a traditional publisher. “Technology is moving at an incredibly fast rate,” he says. “Who knows what the e-book marketplace will look like five years from now?”

Comments

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comments (4 of 4)

View all Comments »
    • Selling DJ drew CDs 11-16-00 disc 1 n 2 good condition

    • Dear Bill, I agree that the money should go to authors. Unfortunately, there are many self-published authors who produce low-quality writing. Publishers do a have a role – books from publishers are vetted and edited. They are often higher quality. You can definitely find self-published authors who are excellent, but more often self-published books have not received the benefit of editing and are sometime unreadable. You get what you pay for. And if we don’t pay, a little bit, for quality, we will be subject to a morass of mediocre writing.

    • Why all the spam?

    • I read Ebooks every day, 2 or 3 books a week. Yes that over 100 a year. If I paid $8.00 a book that would be over $800 a year. . I can not pay paperbook prices. I get most of my books through lending libraries. I am a senior citizen and cannot afford the FIXED prices set by Apple and the publishers. Amazon, Barnes and their ilk are stealing from us every day. I am glad to pay a fair price for a book, but i want it to go the the author and not the greedy big bucks publisher.

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MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert

London Markets Open in:

need to know
Moody’s cuts rating on W. Australia iron ore
N. Korea faces new sanctions after rocket test
Venezuela can't get Saudis to cut oil production
New flood of refugees at Turkish border
Credit Suisse CEO asks for bonus to be slashed
Taiwan rescuers find signs of life amid rubble
GoPro rallies on Microsoft licensing deal
When is China stock market closed for holiday?
Disney, Coca-Cola headline earnings week

China’s forex reserves poised for another record drop
China's foreign-currency reserves drop $99 bln
Will China soon burn through its reserves?

Asian markets dip on Fed uncertainty

In U.S., socialism is no longer a dirty word

Lehman Brothers lives on,
as a spirit


7 cruises for people who hate cruises
7 cruises for people who hate cruises



3 mistakes to avoid in your first 3 years of retirement
3 mistakes to avoid in your first 3 years of retirement

Twitter said to plan algorithm for timeline

Twitter suspends 125,000 terrorist accounts

How to retire early and still avoid 10% penalty
Worst money mistakes at any age
Know 4 important retirement account changes

Investors dump stocks, scoop up bonds for 5th straight week
Investors again dump stocks, scoop up bonds
FANG stocks take big bite out of Nasdaq

20 dividend stocks that Wall Street loves the most
The 20 dividend stocks that Wall Street loves most
Dividend stocks that will give you a raise

All the bad things Hillary Clinton
has done

Clinton to ‘look into’ paid-speech transcripts

National polls show Bernie Sanders nearly even with Hillary Clinton
National polls show Sanders nearly even with Clinton
Why do young voters like Sanders so much?
Is ‘Trump bubble’ bursting in New Hampshire?
Rubio, Cruz gain in N.H., WSJ/NBC poll finds

Taste the whiskey that Peyton Manning won’t try
10 Super Bowl beers that aren’t Bud Light

John Bogle dismisses index-fund 'danger'
John Bogle dismisses index-fund 'danger'

Wanted at Vanguard: A CFO
Wanted at Vanguard: A CFO



How to know if your tax preparer is a crook
How to know if your tax preparer is a crook

Tax software firm warns of data breach

Bad buybacks and nine other money stories you may have missed
Bad buybacks and 9 other must-read stories
Only place left to invest if ‘Oilmageddon’ hits

Four reasons the January jobs report is fishy
Why the Fed is likely to stay put in March

Chicken-little investors, please read jobs report

Barron's: Here comes $20 oil
Here comes oil for just $20 a barrel


Morgan Stanley gives up on higher oil prices

Bank stocks have taken enough punishment, UBS analyst says
Bank stocks have taken enough punishment, analyst says

The best biotech plays once sector stabilizes

Tesla earnings: Model 3 spending, Model X sales in focus
Tesla earnings: Model 3, Model X in focus

/conga/frontpage.html 367285

Markets »

139.01MDow Volume:
Avg Vol: 128.61M
Unchanged
165
Decliners
4918
Advancers
1419
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,205 -212 1.29%
Nasdaq
/quotes/zigman/12633936/realtime 4,363 -146 3.25%
S&P 500
/quotes/zigman/3870025/realtime 1,880 -35 1.85%
GlobalDow
/quotes/zigman/629063/realtime 2,139 0 0.00%
Gold
/quotes/zigman/33772884/delayed 1,165 +7 0.64%
Oil
/quotes/zigman/2260836/delayed 31.09 +0.20 0.65%
FTSE 100
/quotes/zigman/3173262/delayed 5,848 -51 0.86%
DAX
/quotes/zigman/2380246/delayed 9,286 -107 1.14%
CAC 40
/quotes/zigman/3173214/delayed 4,201 -28 0.66%
FTSE MIB
/quotes/zigman/1482176/delayed 17,250 -376 2.13%
IBEX 35
/quotes/zigman/2759620/delayed 8,500 +31 0.37%
Stoxx 600
/quotes/zigman/2380150/delayed 326 -3 0.87%
Asia Dow
/quotes/zigman/6959860/realtime 2,509 -2 0.06%
Nikkei 225
/quotes/zigman/5986735/delayed 17,004 +185 1.10%
Hang Seng
/quotes/zigman/2622475/delayed 19,288 +105 0.55%
Shanghai
/quotes/zigman/1859015/delayed 2,763 -18 0.63%
Sensex
/quotes/zigman/1652085/delayed 24,626 +9 0.04%
Singapore
/quotes/zigman/1709939/delayed 2,623 +65 2.53%
Euro
/quotes/zigman/16008136/realtime/sampled 1.11 0.00 0.13%
Yen
/quotes/zigman/16008150/realtime/sampled 117.41 +0.53 0.46%
Pound
/quotes/zigman/16008140/realtime/sampled 1.45 +0.00 0.19%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 +0.00 0.54%
DXY Index
/quotes/zigman/1652083/delayed 97.08 +0.03 0.03%
WSJ $ Idx
/quotes/zigman/41508961/realtime 89.84 +0.03 0.04%
U.S. 10yr
/quotes/zigman/15866666/realtime 1.86 +0.02 1.30%
German 10y
/quotes/zigman/15866409/realtime 0.30 0.00 0.67%
Italy 10yr
/quotes/zigman/15866497/realtime 1.55 -0.01 0.70%
Spain 10yr
/quotes/zigman/15866444/realtime 1.65 +0.03 1.72%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.56 0.00 0.00%
Japan 10yr
/quotes/zigman/15866525/realtime 0.04 +0.01 45.26%
Crude Oil
/quotes/zigman/2260836/delayed 31 +0 0.65%
Gold
/quotes/zigman/33772884/delayed 1,165 +7 0.64%
Corn
/quotes/zigman/25518691/delayed 366 0 0.00%
DJIA F
/quotes/zigman/48241424/delayed 16,172 +41 0.25%
S&P F
/quotes/zigman/43106711/delayed 1,881 +6 0.31%
Silver
/quotes/zigman/32655632/delayed 15 +0 0.99%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 104.07 -6.42 -5.81%
AAPL /quotes/zigman/68270/composite 94.02 -2.58 -2.67%
GOOG /quotes/zigman/59527964/composite 683.57 -24.44 -3.45%
BAC /quotes/zigman/190927/composite 12.95 -0.30 -2.26%
C /quotes/zigman/5065548/composite 39.86 -0.93 -2.28%
F /quotes/zigman/264304/composite 11.45 -0.08 -0.69%
T /quotes/zigman/398198/composite 36.88 0.35 0.96%
BP /quotes/zigman/247026/composite 30.46 -0.15 -0.49%
GE /quotes/zigman/227468/composite 28.54 -0.64 -2.19%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

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Rates »

5 yr CD
1.3%
2 yr CD
0.7%
1 yr CD
0.5%
MMA $10K+
0.2%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.96% 11.88% 11.62%
Business 13.12% 13.11% 12.85%
Student 13.42% 13.42% 13.14%
Balance Transfer 14.35% 14.30% 14.12%
Airline 15.17% 15.16% 15.10%
Cash Back 15.26% 15.23% 15.27%
Reward 15.28% 15.25% 15.14%
Instant Approval 18.21% 18.18% 18.00%
Bad Credit 22.88% 22.88% 22.73%
Source:CreditCards.com

Top 3 from Barron's

Today's list of the most-viewed stories from Barron's. More »

  1. 1.
  2. 2.
  3. 3.

Visit Barrons.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/9021597/composite YELP-8.45%
  • /quotes/zigman/3059264/composite DUST-16.63%
  • /quotes/zigman/558553/composite BUD-3.33%
  • /quotes/zigman/77392/composite REGN-3.87%
  • /quotes/zigman/7601800/composite JOY+1.91%
X
Powered by StockTwits
Link to MarketWatch's Slice.

As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

MarketWatch will continue to provide the same important news and information you rely on every day. And, as a MarketWatch user, you will be able to enjoy:

  • Personalized news and quote email alerts
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