. >> we're here in monte carlo still enjoying the sightseeing. >> reporter: their hotel in monte carlo? $1,800 a night. and like characters in a james bond movie, rachel and blancey gamble the night away dressed in black tie at the legendary casino royale. >> casino royale, baby. honestly there's so much class in there, i never seen something so beautiful in my life. >> reporter: the pair of them salivate over all the luxury automobiles around them. >> there's my car, there's my car. there's the car i'm going to get. >> reporter: after monaco, they go on a grand tour of italy, rome, venice and more. >> it's our last night here. we'll be in florence tomorrow. ciao! >> reporter: back in the u.s. it's vegas, baby. >> they would do extended, luxurious days at the bellagio, at the wynn, they liked to gamble. >> reporter: at the bellagio, rachel buys blancey a $64,000 rolex. one of six rolexes purchased with ralph's money. ralph paid for it all and never got so much as a postcard. more than $100,000 in plane tickets alone. rachel and her family jet setting on ralph's dime. and rachel is even

i thought the race at monte carlo was the most dangerous.t thereck and saw has only been one fatality of monaco. there has been seven realities at the indianapolis motor's way. that was just in the 50's. ifindy car, what we will see the indy 500, there has been a lot of crashes lately. fortunately, it has not been a year where we have seen a lot of fatalities. we have seen a lot of near misses. scarlet: why is that? is that you can see that the cars flip over. scarlet: do they die when the car flips over? matt: not always, no. this year, no, because there are a lot of safety precautions in the car. there are some very serious injuries. they are slowing people down during qualifying and crashes happen more often because they can get was the by themselves. i will be on the air on sunday because i'm flying to barcelona to test out the new lamborghini on the formula one track. do you always have a great weekend planned like that? matt: i am off to lamborghinis in barcelona and i will show all of our viewers this. i have a cameraman coming with m

over estimate of completion our risk manager is doinghe bottoms up analysis right now using the monte carlo and use a cop down model. we expect to have the results in the next 2-3 weeks the results will advise us on how much replenishment construction reserves we need for the budget with that i will turn it over to dennis so talk about the [inaudible]. >> morning directors. wanted to take an opportunity for a few minutes to explain the line item cmo from the previous slide and go into more detail cmo contract is awarded the june 10th, 2010. for $35 million. to next year june 27th. 2016 the current cemo budget of july 20302016 is 30 million collar dollars as we go through the process identified current rate to date and projecting out what is going to be needed. we don't want the cmo to be on board through the end of construction we have a substantial completion with the end of 2017 then with follow up activities mid 2018 would be the proper time to extend the need for cmo taking into canadaaccount for that. and the 20 million total for the cmo this is a difference of 29 million dollarses fro

steve will join us live from monte carlo in an hour's time with his predictions. don't go away. >>> ecb president mario draghi says the economic outlook for the euro area is brighter than it has been for seven years. this as german business confidence slips in the month of may. >> grexit and brexit dominate a summit. david cameron sets out his referendum. angela merkel presses for reforms. >> we had a friendly and constructive discussion but it is also clear that there's still a lot more work to be done with the three institutions. >> the luxury goods maker ticks low in europe after missing sales expectations. wti heads for ten straight weeks of gains but the ceo says it will take time for the recovery in oil prices to feed through to the commodity sector. >> you need more stability to be able to have a better guess as to where this thing is going to go. i still believe that it's going to take the whole of this year for things to get better. >> let's get straight to u.k. data and it's another boost for chancellor george osborne. according to statistics excluding s

was a slice of las vegas tonight at the pyramid dmrub center city philadelphia and they held a monte carlo night and the men get and keep jobs. they provide clients with new suits, career counseling, and job advice. and our own brian taff served asthmaer of ceremonies tonight for the annual young leaders event in honor of project home. more than 400 people turned out at the museum to help with homelessness in september are city >> chip has spoken own a lot of eagles fans are listening. >> chip was a little upset today. so much has gone on with eagles since we last heard from chip kelly from the draft. the latest was sean mccoy ripping his former coach. jeff skversky reports as the birds wrap up ota. >> there have been so many change this off season. chip kelly says race does not blah a factor under who stays and who goes. chip depending himself for the first time from the comments sean mccoy said he gets rid of the black players the fastest. >> in that situation i think he's wrong. we put a lot of time in looking at character and factors that go into selection and retention of players and

the indy 500, the grand prix of monte carlo. betty: we will have a chance to talk about it. -- janet yellen said to speak in the next hour, will she give clues about the rate hike? we will talk about that in a moment. ♪ betty: it is a gorgeous day. we will be taking you live to janet yellen's speech in rhode island, expected to give insight of the state of the u.s. economy. let's head to peter cook. who joins us from washington, d.c. what are we listening for today? economy,r topic is the and monetary policy, she is expected to talk about where she sees the economy. amidst what we continue to see his next assessment of the u.s. economy, in terms of the slowdown in the first quarter, evidence maybe things are picking up. where is janet yellen in all this -- does she still see the slowdown due to transitory factors. she mentioned the west coast ports and the weather. does she still feel that way or see more persistent weakness in the u.s. economy and what does that tell us about lift off -- issue moving her own timeline any further, perhaps into 2016? her assessment in the u.s

the monaco grand prix in monte carlo. drivers practiced thursday on the pysykesque track.acers find this track difficult with the compact street circumstance. as alana petoff shows us -- do you consider yourself a car collector? >> i'm peter, my business is real estate and my passion is cars. my favorite car, one of my favorite cars. a car collector to me is somebody who maybe is interests in a particular brand and they actually create the whole collection of all different kinds of cars of one brand mainly. or it could be racing cars, could be just sports cars, i don't consider myself a collector, i just enjoy cars, like to use them, buy them, sell them and i don't get attached. my porsche turbo s is probably my baby car. it's very quick, small, it's my daily working horse. the aston martin is the car i've always loved. it's got the bull from the car you feel like you're wearing the most beautifulle suit. the ferrari dealership is my second home. i come in, i always get first chance at the first auto that comes out. i get to test it, if i don't crash it, if i do crash it i

. >> sounds like monte carlo. >> see the full list of names at today.com. >> all right.r. >> pop star baby. >> tina fey's surprising sendoff for david letterman. time for pop start and i'll start. all right. >> please do. >> let's do it. our wishes going out to sam smith. next week he's undergoing surgery for damaged vocal cords. >> oh, wow. >> that will keep him side lined. on instagram he admits he's nervous. after surgery i'll be able to sing like never before which is a scary thought. he could sing pretty amazing with damaged vocal cords. >> tommy john for singers. >> guys get ready. all going back to wally world. >> get out. >> the trailer for the new "vacation" movie. rusty is grown up and has a family of his own. >> look who made it! >> hi dad. >> good morning, rusty. >> we went to wally world when i was a kid. it was the best time i ever had. >> you want to redo your vacation from 30 years ago. >> i've never heard of the original "vacation." >> doesn't matter. the new "vacation" will stand on its zbloen remember the scene? >> oh, yeah. >> remember the scene? chri