Shawn Baldwin

New York

Senior Producer, Consumer and Personal Finance at CNBC

Shawn Baldwin is a Senior Producer at CNBC in the Greater NYC area. #documentaryfilmmaker, #videographer #editor & #photographer

Articles

Trump tariffs are coming. How U.S. businesses are avoiding them

2 months ago | cnbc.com | Shawn Baldwin |Lori LaRocco

U.S. companies are frontloading cargo bound for the U.S. due to the uncertainty regarding tariffs. Walmart, Columbia Sportswear and Lenovo have been actively stockpiling goods, according to U.S. Customs data. But not all shippers can afford to. Footwear company Deer Stags said its $50 shoes will go up to $75 if tariffs are increased. Higher tariffs could also have a big impact on Mexico trade. Mexico was the largest exporter of goods to the U.S. in 2024 accounting for $466 billion in imports.
Why the gold boom is causing a surge in illegal mining

Jan 18, 2025 | cnbc.com | Shawn Baldwin

In challenging economic and geopolitical times, investors bet on gold for its ability to store value. Gold prices hit record highs last year, with some analysts forecasting the precious metal could reach $3,000 an ounce by the end of 2025. But the boom has also been linked to a surge in illegal gold mining. "What we have found during the study that we published is that more than 435 metric tons of gold was smuggled out of Africa in 2022," said Marc Ummel, head of unit raw materials at Swissaid.
The true cost of the gold boom

Jan 18, 2025 | cnbc.com | Shawn Baldwin |Jeniece Pettitt

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailThe true cost of the gold boomGold prices are surging. Spot gold rose to more than $2,700 an ounce this month. One reason for that growth, in difficult economic and geopolitical times, investors bet on gold for its ability to store value. But the boom has been linked to a surge in illegal mining.
President-elect Trump's vision for the U.S. economy

Nov 11, 2024 | cnbc.com | Shawn Baldwin |Carlos Waters

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Why The U.S. Is Covered In Strip Malls (Video)

Oct 10, 2024 | southfloridareporter.com | Shawn Baldwin

By U.S. adults make about to shopping centers each month, or roughly 62 trips per person annually, according to the International Council of Shopping Centers. More of those consumers are going to strip malls. While some outlets like traditional malls have struggled to retain shoppers, foot traffic to strip malls is booming. Annual visits to strip malls surged 18% last year compared with prior to the pandemic, according to data compiled by analytics company RetailStat.
Why the U.S. is covered in strip malls

Oct 8, 2024 | cnbc.com | Shawn Baldwin

U.S. adults make about to shopping centers each month, or roughly 62 trips per person annually, according to the International Council of Shopping Centers. More of those consumers are going to strip malls. While some outlets like traditional malls have struggled to retain shoppers, foot traffic to strip malls is booming. Annual visits to strip malls surged 18% last year compared with prior to the pandemic, according to data compiled by analytics company RetailStat.
Why U.S. strip malls are having a revival

Oct 7, 2024 | cnbc.com | Shawn Baldwin |Jeniece Pettitt

Allow Sale of My Personal Info and Sharing/Processing for Targeted Ads Resident of the states listed in the ‘Your Rights’ section of NBCUniversal’s Privacy Policy Only: To opt out of selling or sharing/processing for targeted advertising of information such as cookies and device identifiers processed for targeted ads (as defined by law) and related purposes for this site/app on this browser/device, switch this toggle to off (grey color) by moving it left and clicking “Confirm My Choice” below.
Why it's so difficult to build nuclear power plants in the U.S.

Sep 6, 2024 | cnbc.com | Shawn Baldwin

Plant Vogtle, a nuclear power plant in Waynesboro, Georgia, is the largest source of clean energy in the U.S. following the addition of two new reactors, according to Georgia Power. The plant’s unit 4 reactor began commercial operations in April and unit 3 went online last year. They are the first reactors built from scratch and connected to the grid in over three decades and together can power over a million homes and businesses, according to the utility provider.
Why the U.S. has a hard time building nuclear reactors

Sep 5, 2024 | cnbc.com | Shawn Baldwin |Jeniece Pettitt

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailWhy the U.S. has a hard time building nuclear reactorsWith its 54 operating nuclear power plants and 94 reactors the U.S. is the world's largest producer of nuclear power accounting for 30% of global nuclear electricity, according to the U.S. Energy Information Administration. But at an average age of 42 years those reactors are getting older and replacing them is a complex task.
How Walmart turned Bentonville, Arkansas into a boomtown

Jun 5, 2024 | newsbreak.com | Shawn Baldwin

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