I think a person can stay sufficiently well informed on five minutes of news consumption daily, 360 days of the year. That excludes professional news, news you legitimately enjoy consuming and news about events that directly affect your life, like natural disasters in your neighborhood. Spend as much time as you need or want to on those types of news
The other five days are days like early in the Covid pandemic or Jan. 6 2021, when you’ll feel the need to dig in. But even then an hour a day should be more than sufficient.