Dow Closes Down 138 Points Amid Escalating Japan Nuke Fears The Federal Reserve expressed more confidence in the U.S. economy even as Japan's nuclear crisis raised worries around the globe. The Fed said Tuesday that the economic recovery is on "firmer footing'' and the jobs market is "improving gradually.''

More From CBS New York

HISTORY IN THE MAKING
50 YEARS OF NEWS
Get Our Morning Briefs

Listen Live