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 market priced for perfection will start to wilt when investors realize things aren't particularly perfect.
The date for liftoff will matter, particularly if the Fed moves in a month that's likely to be highly volatile.
Day traders took a decidedly bullish stance through leveraged ETFs last week, and that could point to more volatility.
This has been the scariest week in stock market history, at least by one significant measure.
Hedge fund manager Chase Coleman suffered a 7.4 per cent loss in August due to China's market slump, the FT reports.
Beige Book report was filled with commentary that is mostly positive on the US economy.
Most of the country is experiencing solid growth, with only the energy sector providing a drag, the Fed reported Thursday.