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Hundreds of thousands of people gathered outside Buckingham Palace Monday night for the Diamond Jubilee concert, celebrating the queen's 60-year reign. The Royal Family concludes four days of celebrations Tuesday, with a service at St. Paul's Cathedral.

Hollywood studios are dealing with big budget flops and the release of G.I. Joe: Retaliation has been postponed until March. Kim Masters, host of The Business, and editor at large for The Hollywood Reporter, talks to Renee Montagne about the summer woes at movie studios.

There is a big shift going on in morning television. For the first time in 16 years, NBC's Today Show is not the undisputed ratings powerhouse. TV Critic Eric Deggans says ABC's Good Morning America is doing something that seemed unthinkable for more than a decade: it is rocking Today off its pedestal. Deggans is the TV and media critic for the Tampa Bay Times.

As this immense generation keeps aging, most will end up with dementia or other disabilities that require costly care. For individuals, families and taxpayers, this demographic shift will drain dollars and attention, and force extremely difficult decisions about living arrangements, as well as end-of-life care.

Moody's said it was concerned about the banks' long-term prospects and their exposure to volatile capital markets. Citigroup and Goldman Sachs were also downgraded.

The superPAC supporting President Obama attracted three $1 million donors last month. The pro-Romney superPAC also saw some new names popping up on its donor list — and it got a million-dollar donation in three chunks from a return address in Dayton, Ohio.

One of the most popular parts of the health overhaul law is a provision that lets parents keep children on their insurance policies until age 26. Several big insurers say they plan to keep that in place even if the Supreme Court strikes down the rest of the law. But it may not be so easy.

One question left unanswered by President Obama's immigration action was what the policy change will mean for students. In Georgia, where illegal immigrants are banned from attending five public colleges, one professor says she worries students could identify themselves and end up at risk.

Republican presidential hopeful Mitt Romney last month was able to cut President Obama's fundraising advantage in half. His fundraising outstripped the Obama campaign — while at the same time, Romney was able to spend less, thanks to outside groups that continued a barrage of negative ads against his opponent.

The Senate has passed an amendment that would cut off public funding for the Republican and Democratic presidential nominating conventions. The funding has been coming from U.S. taxpayers who check the $3 box on their federal tax returns.