Liz Hoffman

The Scoop Heading into last week's Federal Reserve meeting, Wall Street's favored betting parlor — the Fed funds futures market — put two-thirds odds that the central bank would hold rates steady.

The Boston Fed found that over the past four years “pay-in-kind” arrangements rose from 6% to 10% of portfolios at the most common type of private-credit fund, known as a BDC.

The SoftBank CEO is using borrowed money and financial sleight-of-hand to double down on the AI boom.

The Scoop When Intel CEO Lip-Bu Tan was getting ready last week to announce a $15 billion sale of stock, he called his biggest investor: US Commerce Secretary Howard Lutnick.

Liz's view A cardinal rule of finance is “always spend other people's money.” It's why leveraged buyouts include as much debt and as little

Liz's view There's always money in the banana stand sports team.

The Scene Warner Music Group CEO Robert Kyncl joins Mixed Signals — with Semafor business editor Liz Hoffman filling in for Ben — to explain

Big Tech is working its way through all four stages of a money-spending matrix legendary economist Milton Friedman outlined.

Liz's view You don't worry about bad ideas on Wall Street. Those burn themselves out quickly.

The News When the Carlyle Group decided to get into the madcap data-center dash, it didn't start by courting hyperscalers or Emirati royals. It called the US Army.