To make life easy for you, this module supports automatic archiving, so old news scrolls off the page. On this site, this is the last entry that you'll see on this page, and after this everything appears in the archive
To get to the archive, scroll up and click the link right above the first entry that says [Archive]. There you will see a list of older news items listed by title and date.
The older entries on this demo site are just filled with dummy text, so don't bother trying to read them :-) Just click through to the archive to get an idea of what it would look like on your site.