Money TL;DR for June 7, 2026: Delta Cards Get a Boost, SpaceX’s S&P 500 Moment

With mega IPOs like SpaceX making their way to Wall Street, it’s easy to miss out on the personal finance stories happening in the background — both big and small. This week, one of those stories is actually good news.

Delta cards get new benefits: We’ve written before about how there are a mountain of reasons why not to chase airline status or prioritize airline credit cards, especially as upgrades get more competitive. That said, there are exceptions — like if you’re someone who regularly checks a bag (or two). On that note, there’s actually some good news for Delta Amex cardholders this week: new credits, no higher annual fee.

• Delta Amex cardholders will now get a second bag fee credit — if you check two bags, that could save you up to $100 each way.
• Amex also rolled out a new $10/month rideshare credit covering services like Uber and Lyft, which increases some of the ROI of the Delta cards.

What Else Is Going On?

Separately from Delta’s fresh freebies, there’s some other stuff worth taking a look at:

• Great news for Americans' 401(k)s? SpaceX will not get express entry to the S&P 500, as the index’s creator refused to waive its inclusion rules the way Nasdaq and Russell FTSE did.
• 6.3% of US housing listings are now underwater, per data from Parcl’s Jason Lewris — Washington, D.C., Colorado, and Florida are in the worst shape.
• Frequent Miler’s Nick Reyes put together a guide on the “best card combo for domestic travelers,” and it’s probably worth a look if you stick mostly to domestic routes.
• OneWorld Airlines is partnering with Indian Hotels Company for reciprocal hotel status — an unexpected collab, to say the least.
• Chase’s $95/yr Ink Business Preferred is flexing a pretty steep 100K-point bonus right now, which might be worth a look for you pointsmaxxers.