Having access to current events and up-to-date information has value in the modern world because of the constantly changing nature of the world. Without regular access to news, most people would be unaware of the various events taking place, both locally and around the world, that have an impact on their lives.
While not everything that happens has an impact on all people equally, news organizations generally don't tailor their content to a specific individual. This is why many of the stories that are shown on nightly news programs are far-reaching and varied. The same applies to even the local newspaper, which divides its pages into a variety of different sections, including local, national and world news. Further, events happening in a distant location can impact economies and various commodities over the long term. This means that having access to this information can help investors to better understand what is affecting their investments and allow them to react accordingly. A drought in a foreign country can cause grain prices to rise in other regions as the afflicted population begins calling for aid from allies. Finally, political tides turn far too quickly, and without being informed, it's difficult for people who are affected by it to be prepared for the results.