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Wall Street Roundup: Republicans and business. Waiting for Ben.

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A morning of numbers. The number of private sector jobs increased in October, and Wall Street got what it wanted in a big Republican election win, but stocks aren’t moving as investors await the Federal Reserve’s policy announcement later Wednesday.

Republicans and business. Lots of musing today on what the Republican control of the House of Representatives will mean for business. Corporate chieftains are drawing up wish lists for the Republicans they helped, while high earners looking for a reduced tax role and big banks looking for reduced regulation are hopeful.

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Waiting for Ben. Amidst all the other news Wednesday morning, the one looming uncertainty is how much support for the economy the Federal Reserve will announce later today. My colleague Tom Petruno says that oil markets are already assuming that Fed chief Ben Bernanke will succeed in his goal of stoking inflation -- but could the inflation get out of control?

Michael Moore and Citi. A juror in a case involving Citigroup was dismissed after it emerged that she had ties to the political documentarian Michael Moore -- though the truth may be even more complicated than that.

-- Nathaniel Popper

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