Former Secretary of State and ExxonMobil (XOM) Chairman and CEO Rex Tillerson is "dumb as a rock," according to his former boss, President Donald Trump.
One might expect such criticism from a political opponent or an environmental group, but it comes from the man who nominated Tillerson as the nation's top diplomat in one of his first acts as president.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.