Clinton to portray Trump economic plans as handouts for rich

Democratic presidential candidate Hillary Clinton speaks at a rally at Abraham Lincoln High School, in Des Moines, Iowa, Wednesday, Aug. 10, 2016. Democratic presidential candidate Hillary Clinton speaks at a rally at Abraham Lincoln High School, in Des Moines, Iowa, Wednesday, Aug. 10, 2016.

Most Read on Bloomberg: Goldman Drops Och-Ziff, BOE Stimulates

The most-read Bloomberg News reports from the past week are listed below. The rankings are based on daily statistics through Aug. 6. Goldman Employees to Pull $350 Million From Och-Ziff Fund -- Goldman Sachs Group Inc.'s retirement plan is pulling cash from one of the investment bank's most famous alumni, liquidating a hedge fund run by Daniel Och's Och-Ziff Capital Management Group.

Donald Trump announces economic advisory team

Donald Trump has announced his team of economic advisers, a group that includes many of the people already helping his campaign. It includes John Paulson, a hedge fund billionaire who made his fortune betting against subprime mortgages as the American economy headed toward collapse in 2007; Tom Barrack, a real estate investor and close friend of Trump who has been raising money for a super PAC supporting the billionaire candidate, and Steven Mnuchin, a New York investor who is Trump's national finance chairman.

Prosecutors ask appeals panel to rehear BofA case

New York a A federal appeals panel should reconsider its reversal of a fraud verdict against Bank of America Corp. and $1.2 billion penalty resulting from the bank's actions during the 2008 financial crisis, prosecutors say. Prosecutors filed papers with the 2nd U.S. Circuit Court of Appeals in Manhattan late Thursday, saying that a three-judge appeals panel overlooked "a wealth of evidence" that the Charlotte, North Carolina-based bank sold thousands of toxic mortgage loans while misrepresenting them as investment quality.

UPDATE 1-Citigroup beats $800 mln appeal by one-time billionaire

Aug 5 A federal appeals court rejected a one-time Florida billionaire's bid to revive his $800 million lawsuit accusing Citigroup Inc of fraudulently hiding its exposure to subprime and other toxic mortgages, inducing him to hold on to shares he otherwise would have sold. The 2nd U.S. Circuit Court of Appeals in Manhattan on Friday said Citigroup and former officials, including two chief executives Charles Prince and Vikram Pandit, were not liable to trusts and corporate entities overseen by Arthur Williams and his wife.

The Latest: Kaine touts Clinton as small business supporter

The Latest on Democratic Vice Presidential nominee Tim Kaine's campaign events in North Carolina : Democratic vice presidential candidate Tim Kaine says the lifetime knowledge and esteem he and Hillary Clinton share for small businesses is a stark difference between their backgrounds and Donald Trump. Kaine toured a High Point company Wednesday that cuts and sews customized window treatments for motel chains.

Hill talk at club touches on taxes

The United States should secure its borders through high-tech security, give business a boost by reducing regulations and adopt the tax-overhaul plan proposed by the U.S. House, U.S. Rep. French Hill, R-Ark., said Tuesday. At several points in his speech and during a question-and-answer section, Hill differentiated himself from this year's presidential nominees -- fellow Republican Donald Trump and Democrat Hillary Clinton.

CFPB: Foreclosure Relief Shouldn’t End When HAMP Does

The Consumer Financial Protection Bureau added its voice Tuesday to a chorus of other regulators in calling for sustainable foreclosure relief when the Home Affordable Modification Program expires at yearend. The bureau released "guiding principles" for mortgage servicers and investors that were almost identical to those described in a white paper last week from the Treasury Department, the Department of Housing and Urban Development and the Federal Housing Finance Agency.

US Democratic presidential candidate Hillary Clinton. Photo: EPA

A Clinton campaign spokesman say that an analytics data program maintained by the DNC and used by the campaign and a number of other entities "was accessed as part of the DNC hack" A computer network used by Democratic presidential nominee Hillary Clinton's campaign was hacked as part of a broad cyber attack on Democratic political organisations, people familiar with the matter said. The latest attack, which was disclosed on Friday, follows two other hacks on the Democratic National Committee, or DNC, and the party's fundraising committee for candidates for the US House of Representatives.

In month marked by crises, local law enforcement spent $3 million in overtime

Advocate staff photo by BRIANNA PACIORKA -- An East Baton Rouge Sheriff's Office SWAT vehicle drives on Government St. toward the interstate after law enforcement moved in on protesters during a protest held on East Boulevard in downtown Baton Rouge on Sunday, July 10, 2016. Advocate staff photo by BRIANNA PACIORKA -- An East Baton Rouge Sheriff's Office SWAT vehicle drives on Government St. toward the interstate after law enforcement moved in on protesters during a protest held on East Boulevard in downtown Baton Rouge on Sunday, July 10, 2016.

For inspiration, new Democratic stars look to Elizabeth Warren

Twelve years ago, Barack Obama's electrifying speech at the Democratic National Convention brought tears to Andrew Gillum's eyes. Now mayor of Tallahassee, Florida, and viewed as a rising star in that state, Gillum did not hesitate when asked to name his political role model.

CFPB’s Impact, Five Years On

The Consumer Financial Protection Bureau is taking a victory lap this week as it celebrates its fifth anniversary, noting its accomplishments during the past five years, including collecting $11.7 billion in restitution for 27 million consumers. Yet the milestone also marks an important shift for the agency.

Nine candidates vie to succeed Jim McDermott in Congress

Congressman Jim McDermott announced his retirement at the end of this year, leaving an open seat for Washington state's 7th Congressional District. Nine candidates are running to replace him and all nine were present at the candidate forum held by the League of Women Voters on Saturday at Shoreline City Hall.