Giuliana Rancic, the popular "E! News" anchor and "Fashion Police" co-host, is pregnant with her first child. Her and her husband Bill are expecting the baby in late Summer.

"We are so thrilled that our prayers have been answered," Rancic told E! News. "We received an incredible amount of love and prayers from viewers around the world and we want to take this opportunity to thank each and every one of them for their love."

In addition to expecting the child, the couple are busy with "Giuliana & Bill," which is in its fifth season on the Style Network. They'll also be hosting Eva Longoria's upcoming dating "Ready For Love," on NBC.

This is beautiful news considering that just a few months ago Rancic was diagnosed with breast cancer.