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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.

President Bush welcomes the 10 members of the Iraq Study Group to the Roosevelt Room in the White House, where he received a preview of the recommendations they will offer for U.S. policy in rebuilding Iraq.

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.

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.

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.

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.

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.

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.

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.

Senate Minority Leader Mitch McConnell of Kentucky says his "robust minority" of 49 Republican senators will take full advantage of the chamber's time-honored rules. He adds that today's minority is always tomorrow's majority.