Is Nicole Richie Pregnant and Engaged?

Page Six is reporting the pregnancy part as fact, so we’ll just roll with it. The new twist to the story is that Nicole Richie and Joel Madden are engaged. This speculation is all due to a ring that Nicole Richie was wearing at the YSL Pool Party.

She was conspicuously wearing a huge diamond engagement ring. “It was one big rock surrounded by more diamonds,” our source said. Richie refused to talk about the ring. Meanwhile, Madden was “overly attentive to her – keeping his arm around her all night – and repeatedly asked her if she was OK.” The cozy couple ate everything on their plates, lobster salad and lamb, but refused all alcohol, which our snarky spy called “a first for her.”

Love it. A first.