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Nobel Prize-winning economist Milton Friedman died Thursday at the age of 94. He is famous for pioneering ideas about free markets and individual freedoms.

Michele Norris talks with CBS News Correspondent emeritus Mike Wallace, about his longtime 60 Minutes colleague Ed Bradley. Bradley reported for 60 minutes for 26 years. He died Thursday of leukemia at 65.

The big question tonight in Baghdad is whether Saddam Hussein is on his way to the gallows. There were reports today that U.S. forces had turned the former dictator over to Iraqi authorities. That was not supposed to happen until just before Saddam's execution.

President Bush is expected to outline a new Iraq strategy in an address to the nation Wednesday night. The plan is likely to include an increase in troops. Some Army and Marine commanders are worried that their forces may be stretched to the limit.

Hostile questioning and a tense exchange with a fellow Republican, Sen. Chuck Hagel of Nebraska, mark Secretary of State Condoleezza Rice's appearance before the Senate Foreign Relations Committee.

On Dec. 26, 2004, the biggest tsunami in recent memory killed more than 250,000 people around the coast of the Indian Ocean. Two years after the tsunami, people displaced by the disaster are still living intents or makeshift homes. The Red Cross promised to build 50,000 homes; so far, there are only 8,000. Host Robert Siegel speaks with the United Nations' Miloon Kothari.

The National Weather Service has warned people in several cities, including Phoenix and Miami, to avoid the sun over the coming days as temperatures climb to life-threatening numbers.

Secretary of State Condoleezza Rice arrives in Jerusalem to start a Middle East tour aimed at nudging Israelis and Palestinians toward peace talks. She has no specific proposal to offer, and U.S. relations with Iran complicate the mission.

South Korea's Ban Ki-Moon starts work today as the new secretary-general of the United Nations. He says he will pay particular attention to the crisis in Darfur, Sudan, and the nuclear standoff with North Korea.

The Labor Department's employment figures for the month of December are a bit stronger than expected. And economists expect the labor market will remain relatively strong despite a slide in the housing industry.