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    CNN Money: Top business headlines for Oct. 21

    5:29 AM, Oct 21, 2013   |    comments
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    NEW YORK (CNN) -- CNN Money's Maribel Aber has your top business and financial news on this Monday, October 21.

    Obamacare website a work in progress, government says
    The Obama administration said Sunday it has expanded the team maintaining the Obamacare website amid widespread reports of glitches and errors that have prevented many from accessing and registering through the site. A White House official told CNN President Barack Obama would speak publicly about the site's issues on Monday. He said in a recent interview with an Iowa television station the site has made "some significant progress but until it's 100%, I'm not going to be satisfied."

    Federal workers to get raise in January
    Federal workers have finally caught a break. The deal Congress passed Wednesday to end the government shutdown allows the Obama administration to raise government employees' pay by 1% after Jan. 1 -- the first raise of its kind in three years. The 2.1 million federal workforce has missed out on cost-of-living increases each year since 2010, although merit-based raises have been allowed.

    Gas prices fall at slower pace
    Gasoline prices continued  to fall in the past two weeks, but at a far slower pace. The latest Lundberg Sruvey of 25-hundred service stations nationwide, showed that the average price for a gallon of regular gas is $3.36. That's down two cents in the past two weeks. In the four week period that ended October fourth, gas prices fell 20 cents. Trilby Lundberg tells CNN that retail gas price declines are likely coming to an end soon, if they haven't ended already. She says crude oil pirces would have to fall again for gas prices to decline further. But the current price for a gallon of regular  is 39 cents less than a year ago.

    Violin played as Titanic sank sells for $1.7 million
    A violin played by the Titanic's bandleader as the ship sank sold at auction Saturday for more than $1.7 million, a UK-based auction house said. The price -- 1.1 million British pounds, when adding the buyer's premium and tax -- is by far the highest ever fetched for memorabilia tied to the sunken passenger ship, according to veteran collector Craig Sopin. "This figure is going to be hard to beat," said Sopin, who helped authenticate the fact the violin came from the Titanic. "I can't think of anything else that is more iconic to come off that ship."

     

     

     

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