McCarthy's withdrawal throws further uncertainty on congressional leadership ahead of crucial budget negotiations.
McCarthy withdrew his bid at a GOP conference where he was widely expected to be nominated for the job.
Republican Majority Leader Kevin McCarthy has stepped out of the House Speaker race. CNBC senior contributor Larry Kudlow, says McCarthy had made a "terrible mistake," regarding Benghazi.
The start of the third-quarter earnings season is here and experts believe it will not be pretty. Here's the strategy.
Presidential hopeful Hillary Clinton's plan aims to tackle excessive risk-taking in the financial sector.
Netflix said Thursday it will be increasing its standard monthly price to $9.99 a month, starting Nov. 11.
Here are Goldman's favorite earnings trade recommendations after talking to its research analysts.
Bond guru Bill Gross is suing Pimco, the company he founded decades ago.
Heavy rains are expected to result in significant losses to peanut, soybean and cotton crops, and it may go beyond that.
CareDx warns it won't be able to sell its transplant rejection test if a proposed Medicare reimbursement cut goes through.
The foundation is being set for a melt-up in stocks over the course of the next few months, says trader Jack Bouroudjian.
Goldman Sachs said Thursday oil fundamentals have not changed and reiterated its call that crude prices will remain lower for longer.
President Obama held a Summit at the White House to address challenges facing the changing fabric of America's workforce.
The increase will take effect on Nov. 15, the company said.
What names will sink after reporting earnings dragged down by China? Two traders discuss.
Here is a cluster of facts and figures about the historical rain that fell across South and North Carolina.
Stocks traded mixed Thursday, with traders looking to the release of the September Federal Open Market Committee's minutes.
There may soon be options beyond "like" to express your reaction to your Facebook News Feed.
Childhood obesity is a major epidemic and the government can save billions by helping to fight it in this way, says Curt Ellis.
Walt Disney Studios has topped $4 billion at the box office this year, helped along by Marvel superhero films and animated flicks.