Riddle me this...

I was in carpool yesterday, and we were going back and forth giving riddles, so I thought it might be fun to have a thread for it.

This game is going to work like this--one person will ask a riddle (or a brain teaser, or, anything like that), and the next person to post will answer that riddle, with the answer typed as a spoiler.

If you don't know how to do that, just put the tag [spoiler] before your answer, and the tag [*/spoiler] (without the *), after it. This is so that you don't spoil it for anyone else who comes along later.

To keep this thread from being too cluttered, make sure you keep up-to-date with the thread if you post a riddle, so that we do not have thirty riddles in the thread, all unanswered. Do not post a new riddle until the last person's riddle has been correctly answered (and if you posted the riddle, make sure you check the thread, telling whether the answers posted are correct or not, so the thread is not at a stand still for the entire month). Just post saying whether it was correct or not--the admins will edit the person's post to say that it was correct.

If you have any questions, or my directions are confusing, feel free to ask.

If not, let the games begin!

You have the misfortune to own an unreliable clock. This one loses exactly 24 minutes every hour. It is now showing 3:00am and you know that is was correct at midnight, when you set it. The clock stopped 1 hour ago, what is the correct time now?

Spoiler:

EDITED BY KAT: CORRECT!