Obama finalizes raise for federal employees
President Obama has finalized a pay raise for federal employees in January, the last step in a yearlong process that started and ended at the same number, 1.3 percent.
Obama issued an order Friday evening making the raise effective for most federal employees, as of the first full biweekly pay period of the new year, which will start Jan. 10 for most.
While federal employee organizations pushed for a higher number, suggesting 3.8 percent, Congress never moved to either increase or decrease the White House’s proposed amount.
Error coin is headed for New York auction
NEW YORK – Is it a dime? Or is it a nail?
In probably one of the oddest items to come to the world of coin collecting, New York-based Heritage Auctions has announced the sale of a Roosevelt dime that was accidentally (or some say deliberately) struck onto a zinc nail.
The dime/nail is estimated to be worth about $10,000.
The auction for the dime/nail will be Jan. 6. Electronic bidding for the coin has already started, however. The current price is $3,200.
Associated Press & Washington Post