A family of Microsoft spreadsheet software with tools for analyzing, charting, and communicating data
This is a known issue due to a recent update. See article https://support.microsoft.com/en-us/servicing/office/hotfix/excel/5002914
For now, two options as workaround.
Please type cmd in the search on the taskbar. Don't press enter key yet. Instead, choose "run as administrator" to launch Command Prompt.
Then run this command (for Office 2016)
"C:\Program Files\Common Files\Microsoft Shared\OFFICE16\Oarpmany.exe" /removereleaseinpatch "{90160000-0012-0000-1000-0000000FF1CE}" "{27882596-A8ED-4382-9C71-6CD2DD19F732}" "1033" "0"
For 2019
"C:\Program Files\Common Files\Microsoft Shared\ClickToRun\OfficeC2RClient.exe" /update user updatetoversion=16.0.10417.20197
For 2021 and 2024
"C:\Program Files\Common Files\Microsoft Shared\ClickToRun\OfficeC2RClient.exe" /update user updatetoversion=16.0.20326.20132
The command is to remove the latest update, which is causing this issue.
Or
Use Ctrl+X (cut), then use Ctrl+Z to re-add the data, then use Ctrl+V after that. this can be a workaround.