Photos: Fame

US Weekly is reporting that Justin Timberlake and Ashley Olsen, both newly single, have become inseparable around NYC lately.

The pair, both former child stars and fashion label owners, have been spotted together at the Greenwich Hotel, an SNL afterparty, two Broadway shows and a polo match! The magazine’s source says “They are hooking up.”

Adds another source of the unexpected twosome, who both ended high-profile relationships in March (he with Jessica Biel after 4 years together, she with actor Justin Bartha after two years): “They’re really trying to keep it on the down-low.”

(A rep for Timberlake denies anything non-platonic, telling Us: “They are friends. They are not romantically involved.”)

Still, an Olsen source says that the former sitcom kid turned fashion mogul is “aware of Justin’s reputation with women, but…They’re in the same head space.”

What do you think about them hooking up? Love it or hate it? Ashley always has seemed like such a quiet thing – I honestly can’t remember ever hearing her talk as an adult. I know I have…it just doesn’t come to mind. I love Justin, but I’m not sure how I feel about this hookup.

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Ashley Olsen stepped out last night in a black gown with white sleeves, while Mary-Kate opted for a vintage, red dress. I’m pretty sure I hate both these looks.

What do you think?

Photos: Fame

Ashley Olsen stepped out today looking quite dressed down!

Ashley stepped out last week with her twin sister Mary-Kate at the premiere of ‘The Union’ at the Tribeca Film Festival. The twins are currently working on a new line of eye wear, which you will be able to get on their new fashion site, stylemint.com.

Photos: Fame

Photos; Fame

Ashley Olsen (left) and Mary-Kate Olsen (right) attend the Metropolitan Opera’s gala premiere of Rossini’s Le Comte on Thursday (March 24) in New York City.

In case you didn’t know, these 24-year-old ladies sit pretty on top of the world with their billion-dollar empire, Dualstar Entertainment Group, LLC. And they are some of the world’s top fashion icons (and I will admit, sometimes I don’t know why). The twins frequently show up to elite VIP events in some of the most ridiculous outfits (i.e. long sleeve tees beneath long gowns, sweaters that look like potato sacks, etc.).

I sort of understand Ashley’s outfit here… a touch of green fur to top off her black gown.

But Mary-Kate reminds me of a monk.

Am I wrong?

Although, I do like their coordinating clutches.

Images via Fame

Ashley Olsen, 24, and her Hangover star beau, Justin Bartha, 32, have parted ways, a source confirms to PEOPLE.

The private couple, who dated for more than two years, shot down engagement rumors shortly after they got together in 2008.

Reps had no comment.

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