Mariah Carey was spotted with a dazzling new piece of bling on her finger Saturday night at the after party for her new film, Tennessee, at the Tribeca Film Festival in New York, according to People magazine.

Both Mariah and her boy-toy Nick Cannon are at the film festival in New York to promote their movies; Cannon’s basketball film Ball Don’t Lie and Carey’s Tennessee.

The couple made every attempt not to be spotted together at the festival. But Carey was happy to pose for photographs with a diamond ring on her wedding finger, adding to speculation she is to marry for the second time. Of course she was happy to pose with that on her finger- I would be too! Just look at it!

Access Hollywood is also reporting that Mariah and Nick are definitely getting married.

So to answer the question correctly: yes, that is an engagement ring she’s been wearing recently!

Mariah is 38-years old. Nick’s only 27! Actually, now that I think about it, there are celebrity couples with bigger age differences than that. (Let’s not forget Michael Douglas, shall we?)

Mariah was previously married to music mogul Tommy Mottola. Nick was previously engaged to Selita Banks, a Victoria’s Secret model. This will be his first marriage, though.

The singer has been dating Cannon since he teamed up with her in a new video.

I wish them the best! Congrats on the engagement and Mariah- let’s hope your new movie isn’t another Glitter. For all our sakes.