There is a plugin called Special Recent Posts. It's free, though there is a premium version. You'll find the free version here:
Special Recent Posts (SRP) uses a shortcode which you can easily customize to place the most recent posts on a page. That said, you can place the shortcode within boxes or the Grid System, allowing you to have two columns (like Magazine Mode) as you wish. Luckily, the developer smartly placed each element of SRP in its own div/class so that you can size, position, align things just as you desire using CSS. The effect is to give you magazine mode layout where you want it, without having to reengineer anything.
The shortcode's effects - displaying a list of X number of posts, fills whatever container it is set into. Thus if you use it directly on a page, it will be full width for the content area. However, if you were to place the code, as I said, within a grid element, and that grid had two columns, you would see the code in one of the two columns. To see it in the second, just repeat the shortcode, and adjust it in the second column. The shortcode has an option for offset.
By that I mean that you can show 5 posts (any number) in the left column, then in the right column, offset that shortcode by 5, so it appears continuous.
Here's an example of the shortcode:
I hope this helps.