Two conditions are going on. If I type in the url of a website in the address bar the E icon in top right hand corner will spin and in the bottom left hand corner the word "Done" will appear but the website never appears.
If I click on the drop down arrow of the address bar to select a url the icon will immediately turn to an hourglass and the browser is frozen. In both cases the only way to exit the brower is to End Task.
Now one more strange thing. The home page is set to msn.com. When I open the browser it will go to the website. If I click on a hyperlink to read a story it will perform as it's supposed to. If I go to favorites and select a url the browser will go to that website without hesitation.
I have been to the Windows Update and Office Update sections of MS. I am completely up to date.