Hurricane Flossie weakened to a tropical storm Thursday off Mexico’s southwestern Pacific coast with maximum sustained winds of 60 mph (95 kph), the U.S. National Hurricane Center said. It's expected to remain offshore and dissipate Thursday,

Forecasters are watching an area around Florida's Gulf and Atlantic coasts for tropical development during the July 4 weekend.

There's a chance that Tropical Storm Chantal will form near Florida during Fourth of July weekend, which may dampen holiday festivities in the Sunshine State. The biggest threat from the developing system will be rain, AccuWeather Lead Hurricane Expert Alex DaSilva told Newsweek, although he doesn't expect Chantal to become a hurricane.