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Fed Extends Ban on Share Buybacks for Large Banks in Q4

Even for the most avid Fed watchers, it was easy to get distracted this week. The market pushed and pulled on the prospects for an additional coronavirus relief bill. It digested the first Presidential debate and the news of President Donald Trump and First Lady Melania Trump testing positive for COVID-19.

Nevertheless, the Labor Department released the September jobs report this morning and the economy added about 660,000 jobs this month. In August it added about 1.5 million jobs. In June it add...

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