Yes that would be the link speed (PHY rate).If the link below describes how I should check this on both machines, I will do that and report back. I know that nothing has changed in terms of hardware. All I can think is that somehow the wireless spectrum nearby is a lot more crowded/noisy suddenly.
https://www.tp-link.com/us/support/faq/2265/
https://kb.netgear.com/19668/WiFi-Link-Rate-and-Transfer-Speed