What is happening with the UI in Photoshop 2022?

So, I'm completely lost here... When I load a PNG (or JPG) file into Photoshop, the background, which is usually that dark gray, still shows the opening screen. I minimize the window and bring it back up, the gray comes back. There seems to be a huge amount of latency on using the tools because when I pick the magic wand tool to select certain things, the selection, shown by "dancing ants", doesn't show up. If I minimize the window and bring it back up, the selection finally shows up, but nothing is moving. Latency has now increased and hovering over tools to select anything is slow. It also locks up all the time now... I can't even make a new file.

I can't use PS as it is because it is affecting my job at work. I didn't have this issue last week, but now it looks like PS has gone backward with an "update" as Windows does sometimes. Things work fine and then it gets updated and stuff breaks that worked fine. Back in the day, before anything went out to the public, things were tested thoroughly because of stuff like this. That has gone out the window over 10 years ago on almost anything being produced these days.