Axios

The opening ceremony for the Paris Olympics drew nearly 29 million viewers Friday night, the highest viewership since the 2012 Games.

Why it matters: Ratings for the Olympics were depressed during the COVID-19 pandemic. It was unclear whether they would ever rebound.

Engagement with news content has spiked over the past few weeks, giving news publishers a much-needed reprieve from bad traffic and ratings.

Why it matters: Election years are typically a boon to the news business, but this year has turned out to be one of the most brutal ever for the industry, with layoffs and cost-cutting measures reaching records.

The Green Bay Packers' Jordan Love, 25, is now the NFL's highest-paid player — and the highest-paid quarterback in history.

Why it matters: Quarterback salaries have been on an upward trajectory in recent years. The NFL increased its salary cap from $224.8 million last season to $255.4 million for the upcoming season.

After house hunting for nearly five years, DMV resident Keith Powell says he's pausing his real estate search "indefinitely."

Why it matters: He's one of many house hunters who are simply giving up.