Ginny,
Thanks for your comment.
I wrote an entire series of articles about how to develop your own framework.
Here is the link: https://blogs.stage.cfainstitute.org/investor/tag/how-to-read-financial…

The short answer is that you have to:
1) Figure out WHY you are reading financial news, research, data, etc. You could be reading for general knowledge, for entertainment, to communicate with clients, to generate alpha, to manage risk, to improve your investment decision-making, or a number of other reasons.
2) Figure out how much TIME you can allocate towards reading. There's no point in developing a process that you cannot follow. The hard part in reading is maintenance, consistently reading the same material, the same way, in a timely manner. Very easy to get side-tracked.
3) Read ORIGINAL SOURCES FIRST. Always go to the original data for prices, earnings, economic indicators, etc. It is easy to rely on other people to interpret the data FOR you, but you really need to do a deep dive at least once before you can draw any conclusions. Otherwise, you spend your life going "a mile wide and one inch deep."
4) Form your OWN OPINION. You'll need to express three things about any trade/investment: the timing, magnitude, and direction. For example, I am now an inflation hawk, and I believe that inflation will continue to exceed expectations by 2% or more in 2022. I am invested accordingly.
5) Stress-test your opinion. This will happen naturally, if you are invested, since your position will either succeed or fail. The data will come in and the price will change. You can also stress-test your opinion by publishing on social media. This attracts public scrutiny and criticism. (Or you can just share your ideas inside your firm, or with a select group of professionals. It depends on your job.)

I hope this helps.
Sincerely,
Rob