The Text tool allows you to create a container and enter text directly in the Viewport.
Click and drag to create an area to enter text.
Resizing the text area (with the Text Tool) will reflow the text.
Use the Transform widget (top left) to move the text box.
Use the Resize Text widget (bottom right) to increase/decrease the Font Size
Character Wrapping and Kerning are unsupported at the moment. The legacy Type Shape is available from the Shelf if you need it.