Colors, fonts, icons all drastically changed after install of updates

That could be the Accessability Mode. Does it look similar to this:

Yes. That is it. And it is on the right side of the taskbar, not the left as I stated incorrectly.

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You can turn this Icon off if You want. To do that, go to Settings>Accessability and there You see on the right side dirctly at the Top a Toggle to turn off the Indicator:

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