Despite wearing what appears to be a wedding or engagement ring on her finger for some time now, Ashlee Simpson told Fuse TV yesterday that she is not engaged to boyfriend Pete Wentz and is very definitely not pregnant. So what's with the ring?  Us magazine says:
...she confirmed it's a promise ring from her Fall Out Boy beau Pete Wentz."It just means that he hasn't asked my dad yet..." she explained on Fuse TV's The Sauce while promoting her upcoming album Bittersweet World.Simpson also set the record straight on another issue: "No, I'm not pregnant," she declared.

So, see, there's no need to worry.  Their well deserved reputation as the worlds most boring famous couple is still in tact.  They could be out to dinner and order mashed potatoes, no, wait, french fries, yes french fries, and it would be the most intensely exciting thing they've ever done.  My heart is in my throat just thinking about it.  I think I need to walk around for a while with my hands over my head.  These two are a real roller coaster.

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Tagged in: pete wentz, ashlee simpson