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The phrase "are floating around" is correct and usable in written English.
It can be used to describe something that is circulating or being shared informally, often referring to ideas, rumors, or information.
Example: "There are several theories about the new policy that are floating around among the employees."
Alternatives: "are circulating" or "are going around".
Exact(44)
Chances are that ammonites are floating around too.
Thousands of policy proposals are floating around, thanks to the various deficit commissions and policy entrepreneurs.
As many as 20m voter-identity cards are floating around, traded like football stickers or sold to the highest bidder.
It's pretty clear that some major losses are floating around out there on busted credit default swap positions.
"If you have 26,000 felony warrants out there," Mr. Kerik said, "that's a lot of bad people that are floating around".
How many iPhone 3G's are floating around out there?
Similar(16)
"Butterflies will be floating around tomorrow.
This idea has been floating around in some Republican circles.
He said too many rumors were floating around to ignore.
They have both been floating around in a dream world.
The $30 million figure that was floating around is based on two assumptions that could be wrong.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com