There's absolutely nothing weird or unusual going on here. I just replicated this same effect easily, simply by making an alias to a folder and placing the alias inside that folder.
That's all that has happened here. Someone has made an alias of the folder, named it "Danielle Time.xlsx alias," and put it into the folder. Just delete that folder and the behavior you see will vanish.
Most likely, someone tried to make an alias of a file called Danielle Time.xlsx but accidentally made an alias of the folder instead, and then stuck that alias into the folder. No biggie.