Ashlee Simpson Pregnant And Engaged To Pete Wentz?

Pop Crunch reports Ashlee Simpson and Fall Out Boy’s Pete Wentz are engaged and that Ashlee is pregnant with the bassist’s baby. “Ashlee wasn’t expecting it at all, it was a total surprise,” a mole said. “Pete whipped out a big engagement ring, dropped down on one knee, and asked Ashlee to be his bride. Ashlee says it was romantic, sexy - and that she said yes right away.” Read more.

Update: Contrary to online reports, Ashlee Simpson and Pete Wentz are not engaged. Simpson’s rep tells Usmagazine.com that the rumors of their impending nuptials are “absolutely not true.”

Ashlee Simpson Branching Out On New Album

24/Sizzler hears Ashlee Simpson is working with Timbaland and John Legend on her new album set for a fall release. “She’s using this opportunity to try different things out,” a source said. “She’s opening up herself to trying new things.”