Newlyweds Ashlee Simpson and Pete Wentz returned to New York Thursday, after honeymooning in the Turks and Caicos. The couple were married May 17 at Simpson's parents home in Enrico, California.

According to People.com, Wentz said that the couple's honeymoon was going to be on a "very, very, very, very private island so that the paparazzi can't follow us."

Pete Wentz and Ashlee Simpson are too cheap to honeymoon.

Pete, 27, said the pair would rather hang out in their Los Angeles basement, with inflatable palm trees, than spend money on an exotic holiday to celebrate their marriage - which took place last Saturday.

Just like a true celebrity marriage, Pete Wentz reveals that he and new wife Ashlee Simpson have signed a prenuptial agreement.

Speaking to Ryan Seacrest on his radio show Tuesday, the Fall Out Boy rocker said, "We have signed a pre-nup."

Ashlee Simpson reportedly told guests at her wedding she is pregnant.

The 'Outta My Head' singer - who wed Fall Out Boy rocker Pete Wentz in a ceremony at her parents' home on Saturday - confirmed to friends and family she is expecting her first child.

Jessica Simpson has officially passed on to her little sister the title of "newlyweds." Ashlee Simpson and Pete Wentz have exchanged vows at her parents' L.A. home Saturday evening.

The couple's spokesperson confirms to People magazine, "We're delighted to confirm that Pete Wentz and Ashlee Simpson were married this evening in front of family and close friends."

Ashlee Simpson "flashed" Pete Wentz the first time they hung out together.

The couple - who are reportedly getting married on Saturday - also revealed that they were "friends with benefits" for a long time before getting together in 2006.