WP design comment

I am just getting started with WP again and studying the structure.

It appears the CMS capability is not fine grained. You can have a news (blog) page, or an html page, but you can’t combine the two. I would like to have a page that is 1/2 content managed html, and 1/2 news postings. I have used other CMS systems, and pages can be built up from module building blocks of several different types: menus, html content, blogs, galleries, etc. I can’t find anything like this in WP. Please correct me if I’m wrong about this.