I also have the habit of avoiding most news, but I believe it did not serve me well, since I have been ignorant about many current issues and often feel ashamed when I don’t know things that are very relevant to the lifes of people around me that I may talk to. Especially when there was a recent disaster or political event that made a huge impact and I just missed it and thereby fail to sympathize with someone who is directly affected by it.
But I also see how reading the news can really drag me down and feed into my depression, so a healthy balance always worked best for me, like catching up once or twice a week. I have yet to find a good aggregate source of quality, independent news though.