yes Blogging is a popular feature that many Joomla users incorporate into their Joomla Instance, and there are many components available in the community that can help you to create and manage your blogs. This video illustrates how to create a Category Blog menu item type using core Joomla 3 features.
There are extensions like
What is Joomla K2?
K2 is a Joomla extension built to replace the default article system in Joomla. In Joomla 1.5, there were options only for adding title and content body. Later, article images were introduced as separate fields, but there was no support for auto-resizing. In Joomla 3. x, tags were introduced as separate components.
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