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That, and being prepared - either let macro phenomena like recession, AI, etc wallop you in the face or be able to spot it in the distance and adapt.
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The "news" warns people about impending recessions every single day. You can open up the Stocks app right now and there will be multiple conflicting "articles" on the SP500 having reached its top or bottom.

Other than news about mortgage rates dropping and trends in payrates for various careers, I see almost nothing actionable in the news for 99% of people.

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The benefit of media literacy is being able to tell apart issues of import vs false alarms. That career ladders could be changing due to AI; food and oil could spike / be unavailable due to Hormuz so stock up ahead of time; financial risks of BNPL, meme stocks, and crypto; and potential recession due to hiring patterns, AI bubble, private credit - those are not actionable?
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I would separate out current events from "breaking news", the latter of which I think is pretty useless for 99% of people living in a developed and safe country.

Trends are important to learn about, but the regular person would be well advised to prepare for emergencies in advance of the emergency.

Most of the stuff you listed is probably covered under general financial education like not going into debt for frivolous purchases or not gambling on investments you know nothing about.

Inclement weather is probably the most pressing thing to know about, but again, you should probably be prepared at home anyway so you're not affected by people clearing out the grocery stores.

I'm looking at nytimes.com right now, and it's pretty much all meaningless in terms of what I am going to do today, tomorrow, next week, or next month. It's entertainment at best, which is fine, if you can mentally handle it. But if it's getting you down, then I see no negative consequence from skipping most of it. Obviously, come time to vote, it's important to be informed, but day to day, spending one's brain cycles thinking about stuff that will not affect them and they will not be able to affect does not seem like a good use of time.

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