The Content Editor allows 'what you see is what you get' editing of webpages. To apply formatting just highlight the text you wish to format and select the format option from the menu above.
Some of the of options available in the basic mode include:
Style
Bold, Italics and Underline
Alignment
Left, Centre, Right, Justified and Indent
Clipboard
Copy, Paste and Paste From Word
Color
Text color
Images
Insert an Image from the Image Library
Lists
Bullet points and Numberd Lists
Font
Text font, Subscript, SuperScript and Strikethrough
Correction Options
Undo, Redo and Cancel
Tables
Create Table, Insert row, Insert Column