If your home page is not set up, see this tutorial on home page setup.
Go to Dashboard >> Appearance >> Customize >> Home page contents.
Tags and Breaking news settings
You can change tag title and number of tags
Breaking news settings
You can change title, post category and number of slides
You can change slider post category and number of slides
Post sections settings
You can change following settings from post section,
– Section title
– Post category
– Number of posts per row (columns)
– Post layout
– Number of post to show in a section
– Post image height