Billionaire former Starbucks CEO Howard Schultz is no fan of Rep. Alexandria Ocasio-Cortez's proposal to slap a 70 percent marginal tax rate on income above $10 million. In an interview Monday night, he cited her idea as one of the reasons he could never run for president as a Democrat. Schultz believes the party has moved too far left, and he doesn't believe in their tax and spending priorities. "I respect the Democratic Party. I no longer feel affiliated because I don't know their views...

Peter Navarro, one of President Donald Trump's top trade advisors, told CNBC on Monday the last-minute deal to bring Canada on board to replace NAFTA shows that the U.S. won't be the world's "piggy bank" anymore. "It's a bullish day for America. It's a bullish day for North America," Navarro said. Navarro appeared on "Squawk Box" after Canada agreed just before a midnight deadline to join the U.S. and Mexico in a deal to replace the North American Free Trade Agreement. "When countries come to...

Investors looking at bitcoin's drop of nearly 50 percent from last month's all-time high above $19,000 should not enter the market for the first time with get-rich-quick aspirations, a cryptocurrency entrepreneur with big-name backers warned on Wednesday. "If people are going to day trade cryptocurrencies, and they don't know what they are going, they're going to get slaughtered," said Dan Novaes, co-founder and CEO of Current. His company, whose initial investors include billionaire Mark...