File a suggestion about the yellow bar... https://www.nch.com.au/suggestions/index.html?software=VideoPad
Of course, it can be vanquished by clicking on "Got It."
As to speed, try it this way...
Right-click the bin clip (top-left) and Change Clip Speed, then overlay it on the timeline.
There should be no change in the speed that you set, or the length of the clip. There isn't here, using the current release.