**The Young and the Restless Spoilers: Phyllis Drops a Warning on Lily — Jack’s Anger Toward Billy Explodes!**

In today’s episode of *The Young and the Restless*, tension runs high as Phyllis delivers a stark warning to Lily while Jack’s frustration with Billy reaches a boiling point.

The episode opens with Jack and Harrison enjoying a baseball game, where Jack is clearly annoyed by Phyllis’s unexpected arrival.

Phyllis’s presence stirs up irritation as she engages with Harrison, which prompts Jack to chastise his grandson. Meanwhile, Phyllis expresses her concern over Harrison’s well-being, revealing her discontent with Jack’s parenting approach.

As the scene shifts, Lily and Billy are in a heated discussion about the rebranding of Abbott Chancellor. Lily’s skepticism about the new logo and the company’s future sparks a confrontation with Billy, who insists that the changes are necessary. Their disagreement intensifies, with Billy accusing Lily of undermining their efforts and Lily challenging Billy’s motives. Lily expresses her frustration over Billy’s unwillingness to consider Victor’s influence and the potential repercussions for their business.

Elsewhere, Phyllis confides in Lily at the club, warning her about Billy’s true nature. Phyllis, who knows Billy well, cautions Lily about his self-centered tendencies and suggests that she might be better off working with her family rather than dealing with Billy’s manipulative ways. Lily’s unease is palpable as Phyllis’s words hit a nerve.

The episode culminates in a dramatic exchange between Jack and Billy at Society. Jack, upset by Billy’s decision to rebrand the company, confronts him about the impact on Katherine Chancellor’s legacy. Billy, however, remains adamant that the changes are vital for the future of the business. The clash between Jack’s traditional values and Billy’s ambitious plans sets the stage for more conflict as these characters navigate their personal and professional turmoil.