There is a common fallacy of coincidence (post hoc ergo proctor hoc) in the news media, especially regarding politics. For example, one president might be blamed for an economic situation that was effectively created and begun during a previous administration. Because the situation lingers into a new president's term, the new president is blamed it.
We also commonly see simple fallacies of hyperbole/exaggeration. Opinion is also often presented as fact.
Having some degree of awareness of what fallacies are and which are common does make it easier to maintain an analytic distance from the presentation of information, allowing you to process the information rather than merely accepting it as fact.