Yes, this is a known readability issue(and a bug) with the CC 2017.1 release.
I suggest you try changing the UI theme color (from preferences) and see if any of those colors improve readability.
Thanks Aman, unfortunately it makes no difference. I hope this is something Adobe will be fixing - are they working on that do you know!
Yes, we always try our best to resolve customer workflow pain-points. The most i can say on that is to wait for the next release to see if it is fixed or not.