Can Chinese AI solve inequality? + How dementia comes for your bank account

Business Can Chinese AI solve inequality? + How dementia comes for your bank account May 11, 20262:42 PM ET Cooper Katz McKim You're reading a preview of the brand new newsletter from The Indicator from Planet Money. Once a week, we're curating their favorite stories and insights on business, finance, economics and adding context on why they matter. Subscribe here to get it in your inbox every Friday. Today's Indicator: 6The financial red flags that show up for dementia patients Matt York/AP Sanda Balaban hadn't been in touch with her dad for years when she made the trip to visit him. In his office, she saw clutter and piles of paper everywhere. She discovered credit card statements showing her dad was spending thousands of dollars a month on scammy health products and online subscriptions. She learned he hadn't paid income tax since 2014 and had drained his savings. Stories like this are familiar to Lauren Nicholas, a health economist and professor of geriatrics at the University of Colorado. She explains there's a close connection between dementia and a loss of personal wealth. "Dementia is one of the diseases where you lose a lot of cognitive capabilities over time that are, unfortunately, closely tied to our ability to manage our own money," Lauren says. Lauren put out new research finding wealth starts to decline 6 years before a dementia diagnosis. And it's hard to flag. While a financial advisor might be the first line of defense, a survey from the investment firm Fidelity shows advisors didn't feel comfortable raising the issue for fear of being wrong. Sponsor Message So what solutions are out there? And what's next for Sanda? It's worth listening to the episode to learn more. Listen to the full episode. Rest of the Week Democratic Senator Chris Van Hollen wants to pay for tax cuts for lower earners by raising taxes on the wealthy. Does the math pan out?How the Iran War might affect your grocery billWhy isn't the White House ballroom using American steel?New...