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Illustration: Sarah Grillo/Axios

The New York Times' hit podcast "The Daily" hit a billion total downloads last week after launching just over 2.5 years ago, says Theo Balcomb, executive producer of The Daily.

Why it matters: The Daily has been a surprise success story in the saturated world of podcasting. The profitable show was credited with being one of the biggest drivers to Q2 digital advertising growth for The Times last quarter.

Details: According to Balcomb, The Daily experiences an increase in listenership when there is major, breaking news.

  • "When Comey was fired, we saw a spike. When Mueller was appointed, we saw a spike," says Balcomb. "What's been amazing for The Daily is that when we see spikes, we maintain them."

Be smart: Politics generally garners the most interest, says Balcomb.

  • "In general, something that feels like a huge political or cultural conversation brings people in. This is particularly true for debate coverage. Users rely on The Daily to explain big news of the day. Instead of watching a 3-hour-long debate, they will tune into a 25-minute recap from The Daily."

By the numbers: On average, The Daily now garners more than 2 million downloads per day, and approaching 10 million monthly uniques, per The Times. The show is also carried on over 150 public radio stations nationwide in the U.S.

Go deeper: Podcast events are making a killing

Go deeper

Top Wall Street cop says report on meme stocks is coming

Photo: Andrew Harrer/Bloomberg via Getty Images

Wall Street's top regulator says a report examining meme stock mania will be coming "sometime this summer."

The big picture: It will "detail the range of activities" that came out of the January events," SEC chair Gary Gensler said Thursday at a third congressional hearing held to dissect the GameStop trading phenomenon.

Exclusive: Jennifer Garner to be featured in Mother's Day vaccination campaign

Jennifer Garner. Photo by IngleDodd Media/via Getty Images

Actress Jennifer Garner will team up with the Biden administration in a coordinated campaign to encourage vaccinations around Mother's Day, Axios has learned.

Driving the news: The administration is eager to keep up the pace of inoculations now that all adult Americans are eligible but the pace of vaccinations is starting to slow.

Rideshare companies say driver shortage is pushing prices up

Illustration: Sarah Grillo/Axios

It's not just you: Uber and Lyft rides are more expensive, company executives said this week.

Why it matters: Demand for rideshare is roaring back as the economy starts to reopen, but the same can't be said for drivers on the apps. That means fewer cars on the road, causing a supply gap that's pushing up prices.