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(Bloomberg) -- Carrier Global Corp. and Tapestry Inc. are tapping investment-grade bond investors to raise funding for planned mergers and acquisitions as lower spreads lure in borrowers. Most Read from BloombergRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThailand Takes $28 Billion Malacca Strait Bypass Plan to USNasdaq 100 Gives Up Gains as Bond Yields Climb: Markets WrapUS Frustration With Israel Grows as Gaza Civilian Deaths MountWorld’s Best Performing Office Market Has Occupan

Tropical Storm Idalia threatens to rake Florida's Gulf Coast with roof-wrecking winds and a life-threatening surge of ocean water as it comes ashore

A year ago, Hurricane Ian also had a burst of strength before striking western Florida, causing over $112 billion in damage.

Brent oil pared a sharp drop as UAE officials said there was no plan to leave the Organization of Petroleum Exporting Countries.

The government can buy fewer roads, bridges, and tunnels today than it could seven months ago when President Joe Biden signed the $1 trillion infrastructure law.