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The stock index fell 1.5 percent on Thursday, as concerns continued to grow about oil prices rising amid the war in the Middle East.
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My father's restaurant hit $1 million in revenue and still went bankrupt. I was 11, and those lessons shaped every company I've built since.
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Investors are becoming increasingly nervous about problems mounting in the $3 trillion private credit market where some creditworthiness is deteriorating in some sectors and truthful valuations are hard to ascertain.
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Middle East war creating ‘largest supply disruption in the history of oil markets' The GuardianTrump can't TACO out of the Iran war's oil price shock CNNBrent Crude Futures Close Above $100 a Barrel For First Time Since 2022 WSJIranian oil squeeze tests Trump's war plans Axios
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Dow tumbles more than 700 points as oil jumps, closing at new 2026 low under 47,000: Live updates CNBCS&P 500 Slumps in Worst Day Since War Began The New York TimesStock market today: Dow, S&P 500, Nasdaq resume sell-off, oil surges as Middle East conflict escalates Yahoo FinanceStock Futures Decline While Oil Extends Rally WSJ
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The legislation would eliminate income taxes for Americans who earn less than $46,000 and reduce income taxes for those making between $46,000 and $80,500.
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Let's say you purchase a used car from a dealership and later want to bring it back for a refund. Do you have the legal right to get your money back regardless of the reason? Does the "Three-Day Cooling Off Period" apply?
That's what "Mack" thought.
‘I Looked Under the Seats and Found Drug Paraphernalia!'
"I bought a used SUV two days ago and want to take it back to the dealer for a refund, but when I told them why they laughed at me and refused," Mack told me in a call recently.
When I asked if there was anything mechanically wrong with the vehicle, he replied, "No, it drives fine, but it is what I found under the front seats that scares me: dangerous drug paraphernalia." His tone of voice grew increasingly strident the longer we spoke.
And what was he looking for under the front seats?
SEE MORE PODCAST: Car-Buying in an Inflated Market with Jenni Newman
"For money or jewelry sometimes that winds up there, but instead I found vaping equipment! That's illegal! I don't know what other illegal items are in the car, and I want my money back! Also, don't I have three days to cancel the contract?"
I explained to Mack that while there is such a thing as a Three-Day Cooling-Off Rule, in most all cases - including this one - it doesn't apply to car purchases. And besides, in his state, mere possession of vaping hardware is not illegal. Unless he had the right to bring the car back for a refund - spelled out in the sales contract - the dealership could decline his request.
Car Buyers Shouldn't Believe the 3-Day Myth
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