Are Jay-Z and Kanye Fighting??

Early today reports came out that Jay-Z and Kanye West had a major fallout, and shit was going crazy. However, we later found out that those stories you hear may be a tad bit exaggerated when Jay-Z said this! 

Yes, we get on each other's nerves but that's part of pushing each other. So of course there are times when we're in the studio, we're yelling, but that's about it. I would never disrespect him. I have too much respect to put my hands on him. We have a healthy respect for one another. It's always about the art, it's never about him and me; it's always about the art.

So while it seems they are still discussing creative differences, don't expect one to punch the other any time soon. Which is good considering they have a lot of work to do together with this Much Anticipated Album Release they have coming 8/8/11. 

Plus, look how happy they look at the album listening party tonight! Clearly not in the midst of the small tiff as reports alleged earlier in the day, Kanye West and Jay-Z were side-by-side for an exclusive listening event for their upcoming album "Watch The Throne" in New York City on Monday night (August 1).

The hip-hop superstars laughed it up with one another at the Hayden Planetarium at the American Museum of Natural History with Beyonce Knowles ( Who is our celebrity of the week this week) and Destiny's Child gal pal Kelly Rowland also in attendance. Reports say there was a great turnout. Everywhere from Beyonce (of Course) to Busta!