This is the original meaning of the phrase. Where "Cronicas Mundanas" might have been the title of a column in a Spanish-language newspaper reporting on glamorous high-society soirees, the equivalent in an English-language newspaper might have been "Society Report" or "Society Notes" ("...and the Duchess of Cumberland appeared in a delightful frock..." etc.). Obviously, the phrase is now old-fashioned and the columns have been superseded by gossip columns.
It'll depend on the content of the story whether it is society columns that are being alluded to.
Also, if the title does involve word-play (and, as a title, it probably will), then naturally that complicates things.
"Society Pages" or even "Society Chronicles" are other options along the same lines.