That's actually the way it's supposed to be (headline, date, couple lines of summary text), but I recently found a bug that would cause problems if you've changed any of your feed panel settings. I've applied a fix, but it doesn't help with existing settings - you will have to redo your settings. There's a button on the settings page to reload the default panel settings, start fresh from there and redo your changes.
Also, the "Show Summary" selection, if disabled, would also cause those couple lines to not show.