No Labels expected to move forward in fielding presidential candidate

No Labels hold signs during a rally on Capitol Hill in Washington (AP)

The third-party presidential movement No Labels is planning to move towards fielding a presidential candidate in the November election, even as high-profile contenders for the ticket have decided not to run.

After months of leaving open whether the group would offer a ticket, No Labels delegates are expected to vote on Friday in favour of launching a presidential campaign, sources have told the Associated Press.