TIME Know Right Now

Know Right Now: Colbert Signs Off

'Truthiness' on cable comes to an end

Comedy Central’s most vocal pundit, Stephen Colbert, hung up the towel Thursday, as he prepares to leave The Colbert Report after nine years to replace David Letterman on Late Night.

During Colbert’s tenure, he lambasted President Bush at the White House Correspondents Dinner, testified in front of Congress, led a march on Washington and even ran for President. On his show, he satirized the news of the day and newsmakers themselves. Each show ended with sportive interviews with famous writers, musicians, actors and, most recently, President Obama.

Watch today’s Know Right Now to find out more.

TIME Economy

#TheBrief: Why Gas Prices Are Falling

The reason you're paying less at the pump

You may have noticed a lower number on your gas station receipts. The average price of gas in the U.S. is now $2.55 per gallon, the lowest it’s been since 2009. We’re told to never question a good thing, but why are these prices falling?

Watch The Brief to find out why you’re spending less than usual at the pump.

TIME Know Right Now

Know Right Now: Kobe Bryant Surpasses Michael Jordan in Scoring

Bryant is now the league's third highest career scorer

Kobe Bryant surpassed Michael Jordan’s record for points on Sunday night, putting him at third place on the NBA’s top scorers list, behind first place Karl Malone and second place Kareem Abdul-Jabbar.

Bryant scored his 32,293rd point in a game between his Los Angeles Lakers and the Minnesota Timberwolves — crossing over the record mark when shooting a free throw. Bryant said the achievement was a “huge honor,” and Michael Jordan congratulated Bryant, saying, “I look forward to seeing what he accomplishes next.”

Watch today’s Know Right Now to find out more.

TIME Know Right Now

Know Right Now: From California’s Pineapple Express to Another Shutdown Drama

Watch this week's #KnowRightNow to catch up on all the latest stories

The House passed a $1.1 trillion spending package late Thursday to ensure that the government will avoid another damaging shutdown. “This compromise proposal merits bipartisan support on Capitol Hill and hopefully will arrive on the President’s desk in the next few days, and if it does, he will sign it,” stated White House Press Secretary Josh Earnest.

A tropical storm called the Pineapple Express pummeled the Pacific Northwest on Thursday. In drought-stricken California, flooding and mudslides prompted rare school closures in the north of the state. Powerful winds knocked out power to more than 150,000 homes in Washington.

Gas prices hit a 4-year low this week, with the average price of gas in the United States sinking to $2.72 per gallon. That’s the lowest gas prices have been since November 2010. Prices are dropping due to higher North American oil production and less demand. New Mexico has the lowest gas prices at $2.38 per gallon, and San Francisco has the highest gas prices at $3.04 per gallon.

And lastly, on Wednesday, TIME Magazine chose the Ebola fighters as 2014’s Person of the Year. “They risked and persisted, sacrificed, and saved,” TIME editor Nancy Gibbs wrote.

TIME intelligence

Watch Live: CIA Director Addresses Reporters About Torture Report

CIA Director John Brennan is addressing reporters Thursday afternoon for the first time since the release of a Senate report that faulted the agency for brutal Bush-era interrogation tactics and for misleading Congress and the White House about it.

Watch the news conference live above.

TIME Know Right Now

Know Right Now: NBA Stars Protest The Eric Garner Decision

Watch today's #KnowRightNow to catch up on this week's top stories

The LA Lakers donned “I Can’t Breathe” shirts before Tuesday night’s game against the Sacramento Kings, showing their support for protesters in the wake of the Eric Garner grand jury decision. Every player wore the shirt, except for backup center Robert Sacre. Kobe Bryant stated, “It’s important that we have our opinions. It’s important that we stand up for what we believe in and we all don’t have to agree with it, and it’s completely fine. That’s what makes this a beautiful country.”

Other NBA athletes have joined in the silent protests as well. Earlier this week, Chicago Bulls point guard Derrick Rose donned an “I Can’t Breathe” shirt, and members of the Cleveland Cavaliers and Brooklyn Nets also followed suit. LeBron James commented, “As a society we know we have to do better, but it’s not going to be done in one day.”

The NBA’s official apparel provider is Adidas, but the league says it won’t fine players for wearing unauthorized “I Can’t Breathe” shirts. NBA Commissioner Adam Silver added, “As long as they’re informed, and to be careful and make sure they understand the issues before they speak out but that I encourage them when they have genuine authentic views on a subject to let them be known.”

TIME Food & Drink

Exclusive: Go Inside the Last Days of wd~50

Get a behind-the-scenes look into the closing of one of the world’s first American avant-garde restaurants

After 11 years of dishing out innovative cuisines, wd~50, a New York City landmark for modernist cooking led by the imaginative Wylie Dufresne, closed its doors. TIME received exclusive access to the restaurant’s last days leading up to its final plating. Check back for the full video in early 2015.

Read Next: Wylie Dufresne Prepares to Close wd-50

TIME Know Right Now

Know Right Now: Why Gas Prices Are at the Lowest Point in 4 Years

Gas prices have dropped significantly for Americans, and several factors are driving the change in prices

American drivers may have noticed a smaller bill at the pump recently– that’s because the average price of U.S. regular gas has recently reached $2.72 a gallon, the lowest it’s been in four years.

In the last two weeks alone, the average price has dropped 12 cents. But what is the reason for these dropping prices? Watch this video to find out what’s causing the cheaper fuel, and where you can find the most affordable gas in the country.

TIME Know Right Now

Know Right Now: From Nationwide Protests to a Historic Space Launch

Watch this week's #KnowRightNow to catch up on all the latest stories

This week, Cyber Monday shattered records with sales surpassing $2 billion. Sales were up 17% compared to last year, making it the biggest shopping day ever.

Protests flared around the country after a grand jury decided there would be no indictment in the case of Eric Garner, a black man who died while being violently subdued by the NYPD. Protesters blocked major roadways in Boston, Philadelphia, Chicago, and Washington D.C., and more than 200 protesters were arrested in New York alone.

The Orion spacecraft successfully launched Friday morning, orbiting 3,600 miles above the planet, 15 times higher than the International Space Station. The spacecraft orbited Earth twice before landing in the Pacific Ocean.

And finally, Warner Bros. revealed the cast for its movie Suicide Squad this week. The film will feature Will Smith as Deadshot, Tom Hardy as Rick Flagg, Jared Leto as The Joker, and Margot Robbie as Harley Quinn. It’s slated for release in 2016.

TIME Late Night Highlight

Late Night Highlight: Ryan Seacrest Reveals His Childhood Insecurities

"I never wanted to take my shirt off"

Ryan Seacrest confessed some crippling childhood insecurities to Jimmy Kimmel Thursday night.

“I used to hate spring break…because you would have to go to the pool or the beach and I never wanted to take my shirt off,” Seacrest said.

The American Idol host revealed that he was overweight as a child, and worked hard to get to where he is now and overcome his body issues.

“I definitely think that remembering how I felt back then drives me to stay fit as an adult,” he added. “I treat my workouts as one of the most important meetings of the day.”

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