There are actual standards for this, but they're more like recommendations, and ironically https://www.w3.org/TR/UNDERSTANDING-WCAG20/visual-audio-cont... recommends "Width is no more than 80 characters or glyphs (40 if CJK)." while the first line of the paragraph explaining why is 112 characters wide and looks pretty much fine / comfortable to read on my screens.
While there are psychological reasons to use shorter line lengths, as this SO answer details the whole 80 column width thing goes all the way back to punchcards in 1928 https://softwareengineering.stackexchange.com/questions/1486...
Edit: here's what HN comments would look like with 65-70chr per line: https://i.imgur.com/yeMF6IY.png vs default with 1215px per the news.css rule: https://i.imgur.com/IXNyhfL.png .