CNBC Television published this video item, entitled “Amazon became ‘the Boeing of retail,’ says Jim Cramer” – below is their description.
‘Mad Money’ host Jim Cramer and the ‘Squawk on the Street’ team discuss a tweet from Amazon founder Jeff Bezos criticizing a tweet from President Joe Biden on inflation and corporate taxes.
CNBC Television YouTube Channel
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CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.
As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.
The Boeing Company (LON: BOE) is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product support services.
In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.
Jeffrey Preston Bezos is an American business magnate, media proprietor, investor and commercial astronaut. Bezos is the founder and executive chairman of Amazon, having previously served as chairman, president and CEO of the company.
James Joseph Cramer is an American television personality and host of Mad Money on CNBC. He is a former hedge fund manager as well as an author and a co-founder of TheStreet.com. He was raised in Wyndmoor, Pennsylvania.
Joe Biden is an American politician serving as the 46th and current president of the United States. A member of the Democratic Party, he served as the 47th vice president from 2009 to 2017 under Barack Obama and represented Delaware in the United States Senate from 1973 to 2009.
He is married to Dr Jill Biden.
