News sources can be right up to date, written yesterday, or even earlier today. They help give an understanding of the mood of public feeling on an issue, rather than just the academic view.
Bear in mind that some newspapers are considered to be more reliable than others. In addition all newspapers have a viewpoint which they will want to promote. If you find information, think about whether or not it is unbiased. You may have good reason to use a sensational article, or one which is biased, but you will need to comment on why you have used it, and justify your inclusion.
If you are using news film or sound in your assignment, it should still be referenced, in the same way as a written source.