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Bill, First Hurricane of Atlantic Season, Forms

Hurricane Bill has formed in the Atlantic, the first hurricane of this year's Atlantic hurricane season.

Meanwhile, Hurricane Guillermo has weakened to a tropical storm far out in the Pacific.

Hurricane Bill's maximum sustained winds are near 75 mph. The National Hurricane Center expects Bill to get stronger and could become a major hurricane by Wednesday.

HURRICANE TRACKER: Satellite, radar, maps and more

Bill is centered about 1,160 miles east of the Lesser Antilles and is moving quickly west-northwest near 22 mph.

Elsewhere, Tropical Guillermo's maximum sustained winds are near 70 mph with the storm expected to continue weakening. Guillermo is centered about 815 miles east of Hilo, Hawaii, and moving west-northwest near 15 mph.

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5 yr Graph 1.39% up 1.34%