John Carney covers Wall Street and finance for CNBC.com, where he runs NetNet, the go-to blog to get the low-down and the high jinks of Wall Street.
Carney joined CNBC in 2010 after serving as managing editor of Business Insider's Wall Street and economics section. Prior to that he was editor in chief of DealBreaker.com, a Wall Street online tabloid.
His writing has appeared in The Wall Street Journal, The New York Times, The New York Sun, Page Six Magazine, the New York Post, Fortune, Gawker and New York magazine.
He is a frequent guest on CNBC's "Power Lunch" and public radio′s "Marketplace." His writing often takes controversial positions on business topics. He has argued, for example, that failed banks should not be bailed out, that Lehman′s collapse was not a disaster and that insider trading should be legal.
Carney received a law degree from the University of Pennsylvania and practiced corporate law at firms such as Skadden, Arps, Slate, Meagher & Flom and Latham & Watkins. He primarily represented banks, hedge funds and private equity firms.
Follow John Carney on Twitter @Carney.
The analysis paints a grim scenario should the Fed not choose to start hiking rates soon.
Eight years, a job departure and one whistleblower later, the cerebral card game is again foisting notoriety on Jimmy Cayne.
The Federal Reserve may have missed its last, best chance to raise interest rates this year.
Banks are likely to be the bellwether of how markets accept rising rates.
Market conditions and stabilizing economic data could lead the Federal Reserve to raise interest rates in October, David Lebovitz said.
Stocks sank and investors ran to Treasurys after a disappointing jobs report pushed off expectations for a Fed rate hike into 2016.
The economy created 142,000 jobs in September, a number that whiffed on expectations and could cool expectations that the Fed will start raising rates.