Thanks for writing in! To resolve your issue, you will have to create two pages,
News and Events page. You will make use the Events page for your Modern Events Calendar. You can check out how to use it from this knowledge base article: https://theme.co/apex/forum/t/extension-modern-event-calendar/10218/1
And then for the second page News and Event, you will have to assign this as your "Posts Page". You can do that by going to Settings > Reading > Front Page Displays > Posts Page. Simply select the page and you are all set.
Hope this make sense.