Levine died of prostate cancer at a hospice in Washington, D.C., according to his son, Daniel R. Levine.
With his distinctive bow tie, slow-paced delivery and use of his middle initial in his sign-off, the balding Levine became a highly recognizable presence in television news. His dry manner made him an occasional foil for jokes from late-night talk-show hosts.
FOR THE RECORD:
Levine obituary: In Saturday's Section A, the obituary of Irving R. Levine, an NBC News correspondent who pioneered coverage of economic issues and made a point of using his middle initial in his broadcast sign-off, failed to say that his middle initial stood for Raskin. —
"A generation of Americans grew up knowing the name Irving R. Levine. From his signature broadcast style to his signature bow tie, this unlikely television star came to symbolize the journalistic standards of NBC News. Irving R. Levine was a global figure in the formative years of television news and his legacy is with us every day," NBC News said Friday in a statement.
Levine also had a significant career beyond his economic reporting. He was the first American television correspondent allowed to live in, and broadcast from, the Soviet Union during the Cold War era. He also covered the building of the Berlin Wall, the 1960 uprising in what was then the Belgian Congo and the travels of Pope Paul VI to the United Nations, India and the Holy Land, among the first international journeys by a pontiff.
Born in Pawtucket, R.I., on Aug. 26, 1922, Levine graduated from Brown University and earned a master's degree at Columbia University.
He began his journalism career as an obituary writer and reporter for the Providence Journal.
During World War II, he served as an officer in the Army Signal Corps, heading a photographic unit that eventually recorded the U.S. occupation of Japan.
After the war, he found work with the old International News Service and was assigned to Vienna. He was working for INS in Korea at the start of the Korean War and began freelancing for NBC.
He was among the first war correspondents to enter Seoul after the departure of North Korean and Chinese troops. He also covered the negotiations at Panmunjom that led to a truce.
As a full-time Moscow correspondent for NBC in 1955, he was, for a time, the only American television correspondent and the only radio correspondent in the Soviet Union. He broadcast a series, "This is Moscow," and wrote pieces for American newspapers on life in the USSR.
After leaving Moscow in 1959, he was stationed in Rome until 1967, then in London for a couple of years and back to Rome before returning to the United States in 1971 and to the network's Washington bureau.
He had hoped for the State Department beat in Washington but was assigned the economics post. Levine became the first network reporter to cover the subject full time.
In a summation of his career that he left for his children, he recalled that the economics beat started slowly and his reports were often bumped for other fare.
He credited President Nixon's August 1971 decisions to impose wage and price controls to stem inflation and his move to take the U.S. off the gold standard for lifting the profile of economic news and propelling him -- and his news beat -- into prominence.
Over the years, his serious demeanor became the target for quips from late-night talk-show hosts, which his son said he thoroughly enjoyed.
During one economic slowdown, Johnny Carson quipped on NBC's "The Tonight Show" that things were so bad that "I saw Irving R. Levine standing by the side of the freeway with a sign reading, 'Will work for bow ties.' "
On another occasion, Carson noted that "NBC is cutting back so much, Irving R. Levine has to buy his bow ties at the Pee Wee Herman garage sale."
One story that became legendary in broadcast circles, according to his son, involved Levine's insistence on using his middle initial in his broadcast sign-off.
When NBC producers, trying to save time at the end of a broadcast, asked him to drop his middle initial from his sign-off, he replied, "I'd rather drop the B in NBC before I'll drop the R in Irving R. Levine."
After retiring from NBC in 1995, he served as a commentator for the "Nightly Business Report" on PBS from 1997 to 2008.
He also was the founding dean of the College of International Communications at Lynn University in Boca Raton, Fla.
In addition to his son Daniel, of Chicago, Levine is survived by his wife, Nancy, of Washington, D.C.; another son, Jeffrey C.B. Levine of Chicago, and a daughter, Jennifer J. Levine of Chevy Chase, Md.; three grandchildren; and a sister, Eva Schaffer of Walnut Creek, Calif.
No services will be held.