Yahoo! bulk scanned email accounts for NSA – report

Goldman Sachs is warning about the Chinese housing market, saying it sees increasing risk from overbuilding. Ameera David has the details. Then, Bianca Facchinei takes a look at the Italian coast guards rescue of over 10,000 refugees in just two days. Manuel Rapalo then joins to discuss a new report claiming Yahoo! worked with the U.S. federal government to bulk scan every email on Yahoo!’s systems.

After the break, Gary Shilling, president of A. Gary Shilling & Co., tells Edward Harrison which U.S. presidential candidate he thinks will do a better job investing in infrastructure. And finally, in The Big Deal, Edward joins live from the IMF to break down the organization’s downgrading of global growth forecasts.