Catherine Zeta-Jones and Michael Douglas' Miracle Baby!

After years of trials and tribulations, the tide is finally turning for Catherine Zeta-Jones and Michael Douglas as the couple prepare to welcome another child. "Michael is giving Catherine her dream gift — another baby," an insider tells Star. "He's adamant about giving her the one thing she is truly desperate for." 

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When they stepped out in NYC for a star-studded affair on Jan. 17, the longtime couple couldn't keep their happiness — or what appeared to some observers as Catherine's bumped-up belly — under wraps. Many onlookers are "buzzing that she is pregnant," the insider says. "She's absolutely glowing."

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The new couldn't come at a better time for the pair. In 2010, Michael was diagnosed with stage-four throat cancer, for which he underwent grueling chemotherapy and radiation. On the heels of his battle, Catherine, 42, tackles personal issues of her own, undering inpatiet treatment for bipolar II disorder in April 2011.

FOR MORE ON CATHERINE AND MICHAEL'S MIRACLE BABY, PICK UP THE NEW ISSUE OF STAR, ON SALE NOW!