Nvidia's record-breaking stock buyback

Apple used to be the leader in buying back shares. Now, Nvidia has broken the tech company’s record, announcing Monday that it would add $150 billion to its stock buyback program, on top of $80 billion pledged a few months ago. The chipmaker’s profits have continued to surge, as tech companies pour money into data centers and AI infrastructure. Is this a smart way for Nvidia to spend its money? More on Nvidia today, plus how a volunteer firefighter shortage is affecting a rural Wyoming county, why spending is predicted to soar this holiday season despite the energy crisis, and what economists are watching for in the jobs numbers coming out this week.

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Read the stories in today’s episode:

• It's a big week for economic data. Here's what labor economists will be looking for.
• Nvidia's record stock buyback funded by cash from the data center boom
• There’s a national volunteer firefighter shortage. It’s on display in Wyoming
• Early retirement isn't always a choice
• Adobe forecasts record U.S. spending online this holiday season
• The mall isn't dead, yet