NEW YORK (AP) — The 76th National Book Awards will unveil this year’s winners Wednesday night, with novels by Megha Majumdar and Karen Russell, and a memoir by Yiyun Li among the finalists in one of the most high-profile literary events.

Hundreds of writers, publishers, editors and other industry professionals are expected to gather at Cipriani Wall Street in Manhattan for a dinner ceremony that will include honorary awards for fiction writer George Saunders and author-publisher Roxane Gay . Emmy-winning actor-comedian Jeff Hiller will host, and Grammy winner Corinne Bailey Rae is the musical guest.

Competitive awards will be announced for five categories — fiction, nonfiction, translated literature, young people's literature and poetry. Winners will each receive $10,000.

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