Don't see the module? Make sure it's enabled. See Enabling and Disabling a Built-In Module
The News / Articles function is used for two purposes: To communicate announcements and other information to members and visitors. News items can be entered with an active date (when the item will appear) and an expiration date (when the item will no longer be displayed.) Each item includes a heading, summary and detailed news release or report, which can include any HTML formatting and even images. To serve as a library or repository of articles that can then be placed on the website or in new emails sent to members and non-members.