Michigan could save millions of dollars in its nearly $2 billion Corrections budget by shaving the prison terms of inmates. more

The enormous strain prison costs put on state budgets has led some conservatives and liberals to do something sensible together. more

Now to a story about your money and maybe your bank. Some of the new regulations on banks have been eating into their profits so they're finding new ways to make money from the people who put their money in the bank.

Even as the new Consumer Financial Protection Bureau weighs whether to address bank overdraft fees that cost U.S. consumers nearly $30 billion last year, some of those fees continue to inch up, according to new reports by the Pew Charitable Trusts and the Consumer Federation of America.

Consumers are still getting hit with unexpected fees and aren't receiving clear information about the costs involved with their accounts, according to a report by the Pew Safe Checking in the Electronic Age Project. The study examined the information on 274 checking accounts offered by the nation's 12 biggest banks and credit unions.