Could Be Big Baby News...

Fall Out Boy rocker Pete Wentz, 29, just updated his official site with some interesting news! We'll keep you posted, but it looks like there may be a baby coming! Pete's wife of six months, Ashlee Simpson, 24, was due to have that kid any day now, she was getting huge! Wentz was supposed to appear on Larry King Live but this latest post explains why he had to cancel:

“Due to breaking news and scheduling conflicts, I will not be appearing on Larry King Live tonight, though I am a big fan of the show and look forward to appearing on it in the future. I also look forward to the chance to continue supporting civil rights and speaking out against the passing of Proposition 8 and others like it (I’m looking at you Arizona and Florida) whenever and wherever i can.”

Hmm, thoughts?

Pic of The Day: Ashlee's Growing Bump

Ashlee Simpson rocked the hippie look while out in L.A. yesterday afternoon. She suddenly looks pregnant overnight, she's definitely growing quite a baby bump!

Pete Wentz explains pregnancy denials

Pete Wentz sent an email to MTV News explaining why he denied his new wife, Ashlee Simpson-Wentz, is pregnant. Just last month the Fall Out Boy musician denied the swirling rumors, but later the couple just refused to answer questions regarding an impending child.

The couple recently confirmed to FriendsOrEnemies.com that they are, indeed, expecting a baby, and they had wanted to wait until after the first trimester to confirm the news.

In the May 29 email, Wentz wrote: "Every woman, no matter who they are or what they do for a living, has the right to wait at least 3 months before sharing this very personal news. We wanted to wait until after the first trimester and get a clean bill of health from our doctors before confirming anything, just like any other couple."

Wentz said he was at a loss as to how to address the rumors and media attention. "Being a boy I have no idea how to respond to such things and my first instinct was to protect her and the baby."

"It's insane that you can't let happy news brew in Hollywood. This wasn't about press or anything. It was about the health of the baby and trying to find a way to be happy with what should be the most happy time of our lives in the middle of a press blitz," he said.

And while Wentz did apologize for lying to MTV News last month, he said his main concern is the baby.

"I apologize to anyone who felt misinformed but the truth is, the person and growing baby is who I felt most loyal to protect and defend."

Jessica Simpson's jealous of Ashlee

Jessica Simpson, 27, may not be so happy for her newly engaged and possibly pregnant younger sister Ashlee, 23, after all.

OK! magazine is reporting in their newest issue that Jessica is having a hard time accepting Ashlee's news.

"Jessica Simpson has yearned for a baby for years. She's told friends that she can't wait to be a mom and has even joked that if she has to, she'll resort to making her hairstylist pal Ken Paves the adoptive daddy," the magazine said.

"Jessica never imagined that her tomboy younger sister would have a baby first," an inside source told the magazine. "It would be very hard for her not to be jealous."

"Jessica couldn't be happier for her sister but still can't help feeling jealous," a source close to the younger Simpson added. "She'd love to be planning a wedding with a baby on the way."

Ashlee and Fall Out Boy bassist Pete Wentz, 28, have been closed mouthed about their news. On Tuesday Simpson was interviewed after appearing on MTV's TRL and wouldn't reply to queries on the subject. "Some things you want to keep personal," she said.

A source close to the singer-actress told People that the two are planning a May wedding at a friend's house in La Jolla, Calif.