High tide on the Isle of Palms, South Carolina on Oct. 3, 2015. (AP Photo/Mic Smith)

(Bloomberg) – A storm that would be named Bonnie threatens holiday cookouts and celebrations along the U.S. coast from North Carolina to Georgia over the Memorial Day weekend.

If the low-pressure system now northeast of the Bahamas develops, it will become the second named storm in the Atlantic in 2016 prior to the hurricane season’s official June 1 start. There’s a 50% chance it could form by Saturday.

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