Drone-Destroying Laser Captured on U.S. Navy Video

April 9 (Bloomberg) -- On April 8, the U.S. Navy released this video of the Laser Weapon Systems, installed aboard the guided-missile destroyer USS Dewey, which is currently in the Persian Gulf. The system claims to destroy airborne targets at a mere $1 per shot, versus the millions spent on a traditional missile. Video courtesy Office of Naval Research. (Source: Bloomberg)

Do Markets Worry Too Much About Inflation?
56:38 - Federal Reserve Chair Janet Yellen said the central bank was not to blame for the tumult that has engulfed financial markets this year and is unlikely to roll back its December interest-rate increase in response. Yellen added that the Fed was taking another look at negative interest rates as a potential policy tool if the U.S. economy faltered, a scenario some investors view as a mounting possibility amid a darkening outlook for world growth. SVM Asset Management Managing Director Colin McLean discussed with Bloomberg’s Manus Cranny on “Countdown.”
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