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NASA via AP

Hurricane Harvey is officially a Category 4 storm with winds of 130 mph, per the National Hurricane Center, setting the stage for Harvey to become the first major hurricane to make landfall in the United States in over a decade.

  • As of 7 p.m. ET, Harvey was 45 miles east of Corpus Christi, and moving northwest at just 8 mph with landfall expected sometime overnight. Corpus Christi had "strongly [encouraged]" its residents to evacuate as Texas Gov. Greg Abbott declared that the storm would be a "very major disaster" for his state during an afternoon press conference.
  • Harvey is expected to stall out on the Texas coast for days, potentially bringing feet of rain.
  • The National Hurricane Center's forecast: "Harvey is expected to produce total rain accumulations of 15 to 30 inches and isolated maximum amounts of 40 inches over the middle and upper Texas coast...Rainfall of this magnitude will cause catastrophic and life-threatening flooding."

From Rick Knabb, former director of the National Hurricane Center: "[It's] rare that I've seen a hurricane threat that concerns me as much as this one does."

Go deeper

Michigan board certifies Biden's win

Poll workers count absentee ballots in Detroit, Michigan on Nov. 4. Photo: Salwan Georges/The Washington Post via Getty Images

The Michigan Board of State Canvassers certified the state's election results on Monday, making President-elect Joe Biden's win there official and granting him the state's 16 electoral votes.

Why it matters: Republican Party leaders had unsuccessfully appealed to delay the official certification, amid the Trump campaign's failed legal challenges in key swing states.

Biden to nominate Janet Yellen as Treasury secretary

Photo: Photo by Alex Wong/Getty Images

President-elect Joe Biden is preparing to nominate former Fed Chair Janet Yellen as his Treasury Secretary, four people familiar with the matter tell Axios.

Why it matters: Yellen, 74, will bring instant economic celebrity to Biden’s team and, if confirmed, she will not only be the first female Treasury Secretary but also the first person to have held all three economic power positions in the federal government: the chair of Council of Economic Advisers, the chair of Federal Reserve and the Treasury Secretary.

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Bob Nelsen on AstraZeneca and his plan to revolutionize biotech

AstraZeneca and the University of Oxford on Monday reported promising efficacy data for their COVID-19 vaccine, which has less stringent storage requirements than the Pfizer and Moderna vaccines and may be distributed earlier in developing countries.

Axios Re:Cap digs into the state of vaccine and therapeutics manufacturing with Bob Nelsen, a successful biotech investor who on Monday launched Resilience, a giant new pharma production platform that he believes will prepare America for its next major health challenges.