Lily Jamali

Latest Stories (141)

Ireland fines Meta more than $275 million for failing to protect user data

Nov 29, 2022
Irish regulators fined the social media company about $275 million after an investigation found that it failed to prevent unauthorized access to half a billion Facebook users' personal information.
Meta (formerly Facebook) corporate headquarters is seen in Menlo Park, California on November 9, 2022.
Josh Edelson/AFP via Getty Images

The housing market is looking less and less appealing to consumers

Nov 25, 2022
Americans see this as a bad time to buy a home, according to a consumer sentiment survey from the University of Michigan.
Despite slowing, the housing market is still holding its own, historically speaking, says Jonathan Miller, president and CEO of Miller Samuel Real Estate Appraisers.
Allison Dinner/Getty Images

A cap on Russian oil could be coming — if Western allies can agree on a price

Nov 23, 2022
An EU diplomat is considering a $65 to $70 per barrel price cap on oil from Russia. But some nations want a more punitive target.
Some experts are critical of the floated $65 to $70 per barrel price cap on Russian oil, saying the prices won't cut into Russia's revenue much. Above, a refinery in Moscow.
Natalia Kolesnikova/AFP via Getty Images

Walmart joins CVS and Walgreens in landmark opioid settlement

Nov 16, 2022
The agreement is with several U.S. states, cities, and Native American tribes.
A sign for Walmart is displayed outside its store in Washington, DC.
Brendan Smialowski/AFP via Getty Images

Low Mississippi River water levels drive up shipping costs

Nov 15, 2022
The river is a critical pathway for all kinds of agricultural products, including grains and soy beans.
Barges, stranded by low water, sit at the Port of Rosedale along the Mississippi River.
Scott Olson/Getty Images

From dearth to glut: why there's an oversupply of some computer chips

Nov 10, 2022
Memory chips that end up in your PC or smartphone are in surplus amid soft demand, experts say.
Manufacturers have produced an oversupply of memory chips, which are built into personal computers.
Justin Sullivan/Getty Images

Crypto exchange Binance walks away from FTX deal

Nov 9, 2022
Binance cited a due-diligence check, saying the issues at FTX were "beyond our control or ability to help."
When FTX hit a liquidity crunch, users pulled out money and crypto at once. And rival exchange Binance announced Wednesday that it wouldn't be bailing out FTX.
Olivier Douliery/AFP via Getty Images

New car buyers are finally getting a break

Nov 2, 2022
Those prices that spiked because of supply chain issues are starting to come down ... just a bit.
Used cars for sale are displayed on the sales lot at K&L Auto Expert in Richmond, California.
Justin Sullivan/Getty Images

Auto industry's transition to electric is changing its approach to staffing

Nov 1, 2022
Analysts say rightsizing is part of a bigger shift playing out in the auto industry.
Ford decided to offer "underperforming" white-collar workers the option of undergoing a special review process or leaving with severance.
Scott Olson/Getty Images

Railroad worker contract negotiations stall over lack of paid sick days

Oct 31, 2022
Unions have been pushing for as many as 15 sick days for rail workers, who currently have none.
Railway workers walk through Union Station in Washington, DC.
Stefani Reynolds/AFP via Getty Images