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.
A rising market between Aug. 1 and Oct. 31 would favor Clinton, while a decline would point to victory for Trump.
Through his company CVR Energy, Icahn is preparing a bid for a Tennessee-based refiner, according to a report.
While optimism is nice, the speculative money pouring in is sparking worries that the rally could be on shaky footing.
Trump sees the climate as a ripe time for the U.S. to take advantage of almost-free money.
Still, hedge funds manage a record of nearly $3 trillion, according to industry tracker HFR.
All the chips are falling in place for a Qualcomm and NXP Semiconductors deal to be finalized as early as next week, according to Bloomberg.
Shares of Deutsche Bank hit levels from before the news of the DOJ's demand for a $14 billion settlement.