The list view setting in the plugin will list news from the news folder. It can show all news, without restriction, or be configured to show news from specific category or to push Top news.
Create a new content element on the page, and select 'News system' below the tab 'Plugins'. (3.2.1)
After opening the plugin element, go to the tab 'Plugin' and the first tab below, 'Settings'. Start by selecting what the plugin should show (img. 3.2.2):
Depending on what setting is selected, the fields will change. If a prompt window is shown, click 'OK'.