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SAN FRANCISCO (MarketWatch) -- Goldman Sachs Group Inc. will get slapped with a "near-record" fine from the U.K.'s Financial Services Authority as early as Thursday, The Financial Times reported Wednesday on its website. The FSA opened a probe into Goldman's disclosure practices in April concerning marketing materials for its Abacus collateralized debt obligation securities. The fine would ...

MARKETWATCH (Washington) - The White House on Wednesday said the administration's massive overhaul of the nation's health-care system is not to blame for large rate increases sought by insurers. The Wall Street Journal reported that some insurers have asked for rates hikes of up to 20%, partly to pay for new costs arising from the health law. Yet presidential aide Stephanie Cutter, in a post on ...

U.S. stocks end higher, recouping some of previous day's losses; Dow rises 46 points