Morning Business Report: House to vote on congressional stock trading ban

The House of Representatives is expected to hold a floor vote today on legislation that would restrict congressional stock trading.

(LILAMAX)- The House of Representatives is expected to hold a floor vote today on legislation that would restrict congressional stock trading. If approved, the bill would prohibit lawmakers and their immediate families from buying individual stocks. Members of Congress would also be required to publicly disclose plans to sell individual stocks between seven and 14 days before completing a sale.

Institutional investors are putting more homes on the market as new housing regulations take effect. According to real estate data provider Parcl Labs, the number of investor-owned homes listed for sale has more than doubled since early February. The new law limits future home purchases by institutional investors, with certain exceptions, including build-to-rent developments. The nation’s largest institutional landlords have sold 3,180 more homes than they have purchased so far this year.

Despite higher oil prices, additional tariffs and the ongoing conflict involving Iran, stocks finished sharply higher Tuesday.

A new survey found that four in 10 working parents have missed meaningful moments with their children because they ran out of paid time off. The survey of 2,000 employed parents, commissioned by Lysol and conducted by Talker Research, found that 90% are looking forward to spending more time with their children during the back-to-school season despite the challenges of balancing work and family responsibilities.

Burger King is launching a new “Whopper Guarantee” aimed at improving customer satisfaction. The company says customers unhappy with their Whopper can have it remade for free and will also receive a complimentary Whopper on their next visit. The chain is also introducing new employees called “Your Way Champions” to focus specifically on customer service.